Last weekâs economic reports included readings from S&P Case-Shiller Home Price Indices, readings on new and pending home sales, and the University of Michiganâs Consumer Sentiment Index. Weekly reports on mortgage rates and jobless claims were also published.
Case-Shiller: Home Prices Continue Rising in November
Case-Shiller Home Price Indices reported a year-over-year national home price gain of 9.50 percent for November 2020. Home prices continued to grow in response to high demand for homes and homeowner relocations in response to the covid-19 pandemic. Inventories of pre-owned homes remained low. Home prices rose at a slower pace in November but remained strong in most areas.
What’s Ahead For Mortgage Rates This Week – January 25, 2021
Last week’s economic reporting included readings from the National Association of Home Builders Housing Market Index, along with Commerce Department readings on housing starts and building permits issued. The National Association of Realtors(R) reported on sales of previously-owned homes; weekly readings on mortgage rates and jobless claims were also released.
What’s Ahead For Mortgage Rates This Week – January 19, 2021
Last week’s economic reports included readings on inflation, retail sales, and a speech by Federal Reserve Chair Jerome Powell. Weekly readings on mortgage rates and jobless claims were also released.
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