NatlSnippets

On the National Front

 

 

 

Existing Homes

 

Index Name Index Last Updated Update Frequency
Average Prices of Single-Family Homes with Fannie Mae & Freddie Mac mortgages 1.4% increase in Jun 2022 from a month earlier 7/26/2022 Monthly

Case-Schiller 20-City Home Price Index

1.5% increase in May 2022 from a month earlier

7/26/2022 Monthly
Existing Home Sales Dropped 5.4% to an annual rate of 5.12 million in June of 2022, a new low since June of 2020. Sales declined for a fifth consecutive month 7/23/2022 Monthly
Mortgage Applications Increased by 1.2% in the week ended July 29, 2022, the first rise ini 5 weeks. 8/3/2022 Weekly
Average 30-yr mortgage rate Decreased to 5.43% in the week ended July 29, 2022. 8/3/2022 Weekly
Pending Home Sales Decreased by 8.6% in June 2022 from the month earlier.  NAR release: “Compared to the previous year, contract signings dropped by double digits in each region as pending sales in the West were down by nearly a third.” 7/27/2022 Monthly

 

 

New Homes

 

Index Name Index Last Updated Update Frequency
National Association of Home Builder’s Index Lowest reading since May 2020. 7/23/2022 Monthly
New Housing Starts Dropped in Jun 2022 to their lowest levels since September 2021. 7/23/2022 Monthly
New Home Permits Dropped in Jun 2022 to their lowest levels since September 2021. 7/23/2022 Monthly
New Home Sales Declined 8.1% in Jun 2022 from a month earlier. 7/26/2022 Monthly
Construction Spending for Residential Properties Declined 1.6% in Jun 2022 from a month earlier. 8/1/2022 Monthly