Homebuilder Confidence Sags for 2nd Straight Month
“Despite robust housing demand and low mortgage rates, buyers are facing a dearth of new homes on the market, which is exacerbating affordability problems."
U.S. Home Price Growth Slows to 3.1% in June
“While housing has clearly cooled off from 2018, home price gains in most cities remain positive in low single digits,” S&P says.
U.S. Home Refinancings Drop to 18-Year Low
A weekly measurement of refinancing activity showed a 5% decline even though mortgage rates fell for the first time in seven weeks.
Home Depot Sales Hit by Slow Spring Spending
It was a "garden story" for the retailer in Q1 as severe winter weather weighed on sales of gardening supplies.
Home Prices in Major Cities Rise 5.1% in October
Prices are "enjoying robust numbers," but "cannot rise faster than incomes and inflation indefinitely."