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u/BathroomMaximum1721

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▲ 23 r/HouseBuyers

Redfin Reports U.S. Home Prices Rose 0.27% in July, Essentially Unchanged From a Month Earlier

US home prices rose 3.4% from a year earlier, the fastest annual growth in a year. 

prnewswire.com
u/BathroomMaximum1721 — 2 days ago
▲ 77 r/REBubble+1 crossposts

Wholesale prices were flat in July, below expectations for 0.2% increase

Fed is likely to remain on hold for the foreseeable future. 10 year yields are going down in response to the slowing inflation and mortgage rates will decline, boosting the housing market.

cnbc.com
u/BathroomMaximum1721 — 7 days ago
▲ 138 r/USHousingMarket+2 crossposts

Home prices climb to July record despite slower sales

There could be several reasons why home prices are going up although number of sales dipped. One of the possible reasons is that sellers are holding firm and not being quick to lower asking prices.

nbcmontana.com
u/BathroomMaximum1721 — 7 days ago
▲ 0 r/HouseBuyers+1 crossposts

Inflation fell in July as Iran war marches on

Odds of a Fed rate hike went even lower with this report. 10 year yields and mortgage rates should also see declines.

thehill.com
u/BathroomMaximum1721 — 8 days ago
▲ 21 r/HouseBuyers

Single Family Inventory Up Slightly Year-over-year

Inventory growth has slowed, but demand is currently held back by higher mortgage rates. If even rates go down by 0.25%, demand will perk up but inventory growth won’t because most sellers are locked in by 3-4% mortgages they got a few years ago.

calculatedrisk.substack.com
u/BathroomMaximum1721 — 10 days ago