Market Datavs. 1 year ago
30-year mortgage7.28%▲ +0.94 pts15-year mortgage6.60%▲ +1.05 pts10-year Treasury5.28%▲ +1.18 ptsMortgage spread2.00 pts▼ -0.24 ptsMedian list price (Sep)$419k▼ -1.4%List $/sqft (Sep)$223▼ -1.3%Days on market (Sep)61▼ -1 daysActive listings (Sep)1.16M▲ +5.4%New listings (Sep)395k▼ -0.7%Pending sales (Sep)423k▼ -4.1%Housing starts (Aug)1.28M▼ -1.2%Building permits (Aug)1.4M▲ +4.2%New-home sales (Aug)684k▼ -2.0%Existing-home sales (Aug)3.98M▼ -1.2%Months of supply (Aug)8.5 +0.0 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 9:40 PM ET

Week in Housing: August 21

A quiet suburban residential street lined with two-story houses and mature trees on a clear late-summer morning.

Single-family starts plunged, mortgage rates eased for a second week, the $876 million commission settlements survived appeal, and Real and RE/MAX cleared the way for a Monday closing.

NAIC Data Shows U.S. Homeowners Insurance Market Under Growing Strain

The National Association of Insurance Commissioners on Aug. 5 released its first nationwide analysis of homeowners insurance market trends, and the numbers confirm what agents and buyers in wildfire- and storm-prone states have been reporting for years: coverage is getting more expensive and harder to keep, at a pace that is now reshaping the cost … Read more

RE/MAX CEO Erik Carlson to Step Down as Real’s Jenna Rozenblat Named President of Combined Company

RE/MAX Holdings CEO Erik Carlson plans to step down from the top job once The Real Brokerage’s acquisition of RE/MAX closes, with Real Chief Operating Officer Jenna Rozenblat set to become president of the combined Real REMAX Group, the companies indicated this week as the all-stock merger heads toward completion. The leadership plan comes days … Read more

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