Economic data appears to be affirming that an interest rate is not coming for a few months as the Federal Reserve’s favorite inflation measure heated up despite a winter freeze, according to the latest data from the Bureau of Economic Analysis. The Personal Consumption Expenditures (PCE) price index increased 0.4% in December, putting annual inflation…
New-home sales picked up sharply in November and December, according to the latest release from the U.S. Census Bureau, in a somewhat surprising—and welcome—indicator that housing demand remains persistent against macro uncertainty. New-home sales were up 12.3% year-over-year in November and jumped 3.8% in December during what is normally a slower time for transactions. Single-family…
At the end of 2025, the leading indicators of the economy suggested a slowing contraction, but enduring consumer cynicism. The latest Leading Economic Indicators (LEI) report from nonprofit business research organization The Conference Board found a 0.2% decline in December, compared to a 0.3% decline in November. The report’s baseline (measured against 2016, rated at…
Continuing challenges to affordability—namely higher construction and financing costs—once again kept builder confidence in the negative territory, according to the latest data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) saw builder confidence slip one point to 36 in February, following the two-point fall seen in January…
While 2025 overall was markedly disappointing for homebuilders, large jumps in new construction at the end of the year seem to outline a brighter future for 2026, one that builders are looking to approach with caution. A delayed New Residential Construction report from the Census Bureau found that housing starts in December came in at…
OneKey® MLS has announced a new partnership with Broker Public Portal to power the consumer home search experience on OneKeyMLS.com, marking the next phase of its long-term strategy to increase value for participants and subscribers. Through the collaboration, OneKey® MLS will deliver a consumer-facing platform designed to reinforce the integrity of MLS data, protect broker…
While mortgage originations remain constrained due to affordability concerns, refinancing is driving increased activity as mortgage rates have come down from record highs to near 6%, according to the latest data from ATTOM. ATTOM’s Mortgage Origination Report for Q4 2025 found that 1.72 million mortgages secured by residential property were issued, a 6% decrease from…
Slow inventory recovery, coupled with major snowstorms across half of the country, put a massive halt on existing-home sales in January, according to the latest data from the National Association of Realtors® (NAR). NAR’s Existing-Homes Sales report for January found that sales fell 8.4% to a rate of 3.91 million, a large reversal from last…
Even though 2026 is looking brighter, affordability—not just in homebuying but in homeownership—continues to face challenges as the market works to normalize. For homeowners specifically, the costs of owning a home continue to add pressure as the latest data from ATTOM saw foreclosure activity remain high year-over-year. ATTOM’s Foreclosure Market Report for January found that…
Along with low interest rates and the infusion of money from federal stimulus, one of the factors that drove the pandemic boom market was a surge in so-called “housing mobility,” meaning the overall propensity of people to pick up and move. That metric rose to its highest level in almost 20 years back in 2021,…
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