Tag Archives: existing home sales

It’s a higher-for-longer world, and we’re just living in it: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading →

Mortgage rate woes undercut June new home sales

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Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the primary cause. Continue reading →

Higher rates aren’t stopping homebuyers from bargain hunting

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Purchase loan requests are up 3 percent from a week ago and 22 percent from last year even as mortgage rates climb to highest level in four weeks, Mortgage Bankers Association survey shows. Continue reading →

Inventory’s up, but buyers aren’t biting as June sales slide again

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Existing-home sales declined by 2.7 percent from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers. Continue reading →

‘Uber depressed’ home sales prompt stark ‘red flare’ warning from economist

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Elevated mortgage rates, weakening home price growth and uncertainty from Trump’s tariff policy are setting the housing market on a dangerous path, Moody’s Mark Zandi said, with homebuyers and homebuilder hitting rock bottom. Continue reading →

Amid a fairly flat market, May held some nice surprises: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market. Continue reading →

NAR says lower mortgage rates could help boost sluggish sales. When might that happen?

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Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to a 4.6-month supply Continue reading →

Existing-home sales slip again in April even as inventory improves

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Existing-home sales continued to fall in April, down 0.5 percent from March to a seasonally adjusted rate of 4 million last month, according to data released Thursday by the National Association of Realtors. Continue reading →

A ‘herky jerky’ start to the spring buyer season isn’t deterring agents

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Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better. Continue reading →

Fewer consumers think it’s a good time to buy — or sell: Inman-Dig poll

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Rapid fluctuations in tariff policies by the Trump administration have the economy and the stock market in a volatile state, which is weighing heavily on consumers, findings from the latest Inman-Dig Insights consumer survey, conducted in April, show. Continue reading →