Housing Inventory
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Home sellers are returning to the market
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orate further? Mortgage rates are now topping 7.5%, the highest levels seen this year.  You’d think the sales rate would be slowing, but there aren’t signs ...

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Spring housing market gets more inventory
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Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with ...

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New-home sales fared well in March
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New-home sales reached a seasonally adjusted annual rate of 693,000 in March, according to data published Tuesday by the U.S. Census Bureau and the ...

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Prices for pending home sales reach record high
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Frankly, however, the biggest surprise at the moment might be that sales volumes have held up pretty well over the past few weeks even as mortgage rates ...

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Finally, some healthy housing inventory growth
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Weekly housing inventory data Higher mortgage rates with duration will likely lead to higher inventory, which we have seen repeatedly for the past 10 ...

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High mortgage rates are fueling strong inventory growth
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Housing inventory There are now 526,000 single-family homes active unsold on the market. That’s up 2.6% from the previous week when the data included ...

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Will a wider war in the Middle East push mortgage rates higher or lower?
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10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The chart below shows that we broke the critical ...

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