Market Trends

“Negative impacts from the COVID-19 pandemic continue to be experienced by many communities. HUD’s Fair Housing Initiatives Program partners are uniquely positioned to address the housing discrimination concerns of vulnerable populations,” said Demetria L. McCain, HUD’s Principal Deputy Assistant Secretary for Fair Housing and Equal Opportunity.

“Inflation has now been joined by financial stability concerns as threats to sustained growth,” said Doug Duncan, SVP and Chief Economist for Fannie Mae.

According to a new Redfin report, homebuying demand persists as mortgage rates declined for the second consecutive week after the Fed announced it will only modestly hike interest rates.

The single women’s homeownership rate declined in 2022 for the first time since 2016, with a slide of 4.1 percentage points from its peak of nearly 27% in 2021.

According to a Point2 study, American respondents said transitioning from a condo to a house would be easier in 20 of the largest U.S. cities analyzed.

According to a new report from CoreLogic, Southwestern counties ranked highest in a recent “Safest Place to Live” study, offering homeowners in those areas more protection from some weather-related climate risks.

Across America, rent control policies reduce investment and development, according to a study from the National Apartment Association that examines how rent control is hurting housing supply nationwide.

Mortgage rates fell for the second consecutive week, spurring a jump in mortgage apps at the outset of the spring homebuying season.

The correlation between the asking price and the size of the down payment is behaving as expected—as the housing market has cooled over the past year, down payment amounts are down by 10%.

"The general rule of thumb is that you shouldn't spend more than 30% of your income on housing, but the data shows that in eight of the 50 largest metros, many renters are doing just that," said Realtor.com Chief Economist Danielle Hale.