Data

S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.

According to a new report, For Sale By Owner listings tend to be found in rural and lower-income areas, at prices 18% lower than properties represented by agents.

NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.

In the top-10 metropolitan areas, rent rose by at least 30%, well above the national average of 13%.

Consumer stress remains subdued, but bankruptcies are continuing to tick upward as protections end.

Mortgage applications rose 1.8% week-over-week, as the 30-year fixed-rate mortgage held steady at 3.10% as more took advantage of continued low rates to refinance.

A slight month-over-month uptick of 0.8% in October continued the trend of a second straight month of gains for this metric.

Low-income Opportunity Zones have generally been keeping up with the market; two-thirds of properties in these zones saw an increase in value during Q3.

Spurred by lingering inventory concerns and continued low rates, real estate investors bought a record 18% of the total homes sold, according to a new report.

Loosening credit standards and historic house price appreciation are just two of the trends driving the market during a time of year when it traditionally sinks.