Housing market data positive despite Powell’s Grinch act
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
Housing Market Tracker
Auto Added by WPeMatico
Housing demand resilient even with higher mortgage rates
Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Will we see a Santa Claus rally in mortgage rates?
Despite initial concerns that tariffs would push mortgage rates up to 8%, this week has brought some encouraging news.
How are mortgage rates affecting housing demand?
It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand.
Mortgage rates dodge a bullet — for now
Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher.
Housing inventory drops noticeably on election week
Last week, we saw a noticeable decline in both active inventory and new listings for election week. Is this just the normal seasonal decline?