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As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in California’s Coastal Metros

As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in California’s Coastal Metros

As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in California’s Coastal Metros
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As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in Cali...
As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in Cali...
As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in Cali...
As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in Cali...
wolfstreet wolfstreet | 1 year ago
Sales at the Top are strong. Bottom falls out in rest of market. “Rising interest rates and higher home prices depressed housing demand.”
Sales at the Top are strong. Bottom falls out in rest of market. “Rising interest rates and higher home prices depressed housing demand.”
As Mortgage Rates Begin to Bite, Home Sales Fall to Lowest since June 2020, Supply Rises for Second ...
As Mortgage Rates Begin to Bite, Home Sales Fall to Lowest since June 2020, Supply Rises for Second ...
As Mortgage Rates Begin to Bite, Home Sales Fall to Lowest since June 2020, Supply Rises for Second ...
As Mortgage Rates Begin to Bite, Home Sales Fall to Lowest since June 2020, Supply Rises for Second ...
wolfstreet wolfstreet | 2 years ago
But wait… Haven’t seen anything yet. Impact of today’s holy-moly mortgage rates won’t show up in the sales data for a couple of months. Here’s why.
But wait… Haven’t seen anything yet. Impact of today’s holy-moly mortgage rates won’t show up in the sales data for a couple of months. Here’s why.
Mortgage rates spike as inventory rises
Mortgage rates spike as inventory rises
Mortgage rates spike as inventory rises
Mortgage rates spike as inventory rises
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'The Exchange' to report on the mortgage rate spike and ongoing inventory issues in housing.
CNBC's Diana Olick joins 'The Exchange' to report on the mortgage rate spike and ongoing inventory issues in housing.
U.S. previously owned home sales fall to lowest since June 2020
U.S. previously owned home sales fall to lowest since June 2020
U.S. previously owned home sales fall to lowest since June 2020
U.S. previously owned home sales fall to lowest since June 2020
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Contract closings decreased 2.4% in April from the prior month to an annualized 5.61 million, figures from the National Association of Realtors showed Thursday.
Contract closings decreased 2.4% in April from the prior month to an annualized 5.61 million, figures from the National Association of Realtors showed Thursday.
Sales of U.S. previously owned homes fall to lowest since 2020
Sales of U.S. previously owned homes fall to lowest since 2020
Sales of U.S. previously owned homes fall to lowest since 2020
Sales of U.S. previously owned homes fall to lowest since 2020
In-depth analysis, data and st... In-depth analysis, d... | 2 years ago
Sales of previously owned U.S. homes fell in March to the lowest since June 2020 as historically low inventory paired with rising mortgage rates curbed purchases.
Sales of previously owned U.S. homes fell in March to the lowest since June 2020 as historically low inventory paired with rising mortgage rates curbed purchases.
Mortgage applications fall to lowest level since 2018
Mortgage applications fall to lowest level since 2018
Mortgage applications fall to lowest level since 2018
Mortgage applications fall to lowest level since 2018
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
Andy Walden, Black Knight vp of enterprise research, joins 'The Exchange' to discuss the drop in mortgage demand and what it says about the housing market.
Andy Walden, Black Knight vp of enterprise research, joins 'The Exchange' to discuss the drop in mortgage demand and what it says about the housing market.
Mortgage demand hits lowest level since 2018 as rates hit 13-year high
Mortgage demand hits lowest level since 2018 as rates hit 13-year high
Mortgage demand hits lowest level since 2018 as rates hit 13-year high
Mortgage demand hits lowest level since 2018 as rates hit 13-year high
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'Squawk Box' to break down the latest batch of weekly mortgage application data.
CNBC's Diana Olick joins 'Squawk Box' to break down the latest batch of weekly mortgage application data.
Mortgage Rates Hit 6% for the First Time Since 2008, While Applications Fall to Lowest Level Since 1...
Mortgage Rates Hit 6% for the First Time Since 2008, While Applications Fall to Lowest Level Since 1...
Mortgage Rates Hit 6% for the First Time Since 2008, While Applications Fall to Lowest Level Since 1...
Mortgage Rates Hit 6% for the First Time Since 2008, While Applications Fall to Lowest Level Since 1...
www.realtor.com www.realtor.com | 1 year ago
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing them to wait to refinance or buy a home. With rates doubling from where they were a year ago, demand from buyers continues to weaken, as reflected in the Market Composite Index, a measure of mortgage application volume. The index is now at its lowest level since December 1999, the Mortgage Bankers Association (MBA) said on Wednesday. The market index fell 1.2% to 255 in the week ending September 9. A year ago, t...
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing them to wait to refinance or buy a home. With rates doubling from where they were a year ago, demand from buyers continues to weaken, as reflected in the Market Composite Index, a measure of mortgage application volume. The index is now at its lowest level since December 1999, the Mortgage Bankers Association (MBA) said on Wednesday. The market index fell 1.2% to 255 in the week ending September 9. A year ago, t...
Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers
Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers
Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers
Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers
www.realtor.com www.realtor.com | 2 years ago
The National Association of Realtors now expects existing-home sales to decline 10% over the course of the year. The post Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers appeared first on Real Estate News & Insights | realtor.com®.
The National Association of Realtors now expects existing-home sales to decline 10% over the course of the year. The post Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers appeared first on Real Estate News & Insights | realtor.com®.
U.S. New Home Sales Fall in June to the Lowest Level Since the Pandemic
U.S. New Home Sales Fall in June to the Lowest Level Since the Pandemic
U.S. New Home Sales Fall in June to the Lowest Level Since the Pandemic
U.S. New Home Sales Fall in June to the Lowest Level Since the Pandemic
www.realtor.com www.realtor.com | 1 year ago
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month, the Commerce Department reported Tuesday. The number of new homes sold is the lowest since April 2020, during the depths of the coronavirus pandemic. Sales have fallen since hitting a peak of 1.04 million in August 2020. Analysts polled by the Wall Street Journal had forecast new home sales to come in at 660,000 in June. Year-over-year, new home sales are do...
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month, the Commerce Department reported Tuesday. The number of new homes sold is the lowest since April 2020, during the depths of the coronavirus pandemic. Sales have fallen since hitting a peak of 1.04 million in August 2020. Analysts polled by the Wall Street Journal had forecast new home sales to come in at 660,000 in June. Year-over-year, new home sales are do...