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Posts published in “Matthew Speakman”

Home price growth sets new record

Home prices across the country rose another 16.6 percent in May, continuing a 12-month streak of home price appreciation. Source: Inman News

Median existing-home price sails to record high

The median existing-home sales price rose 23.4 percent year over year, propelling the median price to $363,300, the highest on record, according to the National…

New home sales fall to 1-year low

New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices…

New-home sales soar to 15-year high

New single-family home sales catapulted 20.7 percent to a seasonally adjusted rate of 1.02 million in March, a high not seen since 2006. Source: Inman…

Mortgage rates unfazed by Biden infrastructure plan

The Biden administration’s push for $2 trillion in spending on infrastructure to stimulate the economy hasn’t sent mortgage rates soaring — yet. Upward pressure on…

Housing starts surge in October

Housing starts in October rose by 3.8 percent to a seasonally adjusted annual rate of 1.31 million, according to the latest data from the U.S. Census…