Data

Since the Great Recession, home prices have been fighting their way back to peak levels reached prior to the crisis and some markets' home prices have more than recovered.

Financial markets in the U.S. are showing continued improvement as the year progresses, but Fannie Mae expects economic growth to remain flat, which could place a damper on the housing market.

Seventy percent of renters still believe that renting is more affordable than owning a home and 55 percent of renters plan to continue renting for at least the next three years, according to a Freddie Mac survey.

Home building rebounded this month with a surge in single-family home construction, inducing starts, permits, and completions, signaling newfound confidence in the housing market and economy.

Despite the mostly stagnant homeownership report, the number of Hispanic buyers entering the market has continued to grow over the last five years. The only homeownership rate to see a spike, Hispanics will likely be the primary driver of new homeowners for the next decade and beyond.

The revamped rule appears to be weighing heavy on the minds of many in the mortgage industry as is brings about several new data point requirements that must be fulfilled by lenders.

Confidence among home builders has been on a series of ups and downs over the last few months, showing slow, but continued progression in the single-family sector, but they are still faced with concerns about labor and lot shortages.

Fifty-one percent of repeat homebuyers, reported that they experienced unexpected costs, fees, or surprises in their most recent home buying experience, according to a recent survey.

Household holdings of real estate grew much faster than the aggregate amount of mortgage debt outstanding among homeowners year-over-year, ultimately causing home equity to increase.

The industry is anticipating a complete turnaround from the previous numbers and for home builders to come out of the new year slump.