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Current Market Data

Current Market Data

Pending Home Sales Decline 1.9% in June 2021

Pending Home Sales Decline 1.9% in June 2021

June's pending home sales pace declined 1.9% last month and fell 1.9% from a year ago.

Tracking Housing Construction at the Local Level: June 2021

Housing Construction at the Local Level: June 2021

Housing starts rose strongly in June, above 1.6 million units and housing inventory has also modestly improved in the last several months.

Instant Reaction: Mortgage Rates, July 29, 2021

Instant Reaction: Mortgage Rates, July 29, 2021

Mortgage rates rose slightly this week but remained below 3% for the fifth straight week. As of today, the average rate is clocking in at 2.93%.

Instant Reaction: GDP, July 29, 2021

Instant Reaction: GDP, July 29, 2021

Real GDP ($ 19.35 trillion) is now running at 2% above the pre-pandemic level in the first quarter of 2020 ($18.9 trillion).

Foreign Buyer Purchases Fall to Lowest Level With Lingering Impacts into 2022

Foreign Buyer Purchases Fall to Lowest Level

The dollar volume of U.S. existing homes purchased by foreign buyers in April 2020–March 2021 fell 27% to $54.4 billion.

June 2021 Existing-Home Sales Bounce Back as Home Prices Hit Second Highest Pace

June 2021 Existing-Home Sales Bounce Back

June existing-home sales increased 1.4% from May 2021 and 22.9% from June 2020, reaching a 5.86 million seasonally adjusted annual rate.

Instant Reaction: Mortgage Rates, July 22, 2021

Instant Reaction: Mortgage Rates, July 22, 2021

Mortgage rates dropped significantly this week, with the 30-year fixed mortgage rate falling to 2.78% from last week's 2.88%.

Instant Reaction: Retail Trade Sales July 16, 2021

Instant Reaction: Retail Trade Sales July 16, 2021

U.S. advance estimates of retail and food service sales for June 2021 saw a 0.6% increase from May, a seasonally-adjusted total of $621.3 billion.

Apartment Occupancy Gains Reach Decade-High

Apartment Occupancy Gains Reach Decade-High

The apartment market is booming, with the change in the number of occupied units rising by 207,035 units in 2021 Q2 from the previous quarter.

Housing Affordability Falls in May as Home Prices Rise Faster than Income

Housing Affordability Falls; Home Prices Outpace Income

Nationally, housing affordability fell in May compared to a year ago, as median family income rose by 1.2% and the monthly mortgage payment rose 20%.