NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant…
Posts published in “Dr. Lisa Sturtevant”
Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the…
President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here’s how his plan could disrupt housing starts and reduce affordability. …
New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could…
Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed’s decision to…
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Source:…
Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and…
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released…
The Consumer Price Index rose only 0.1 percent between October and November, 3.1 percent higher than a year earlier, suggesting interest rates will hold steady…