Market Trends - Scotsman Guide

Market Trends

Sales of existing homes increased 2% in July

Existing home sales bounce back in July, but remain ‘tepid by historical standards’

Luke Baynes

Inventory reached its highest level since May 2020

Market Trends

Sales of existing homes increased 2% in July

Existing home sales bounce back in July, but remain ‘tepid by historical standards’

Luke Baynes

Inventory reached its highest level since May 2020

Latest Updates

Independent mortgage banks post best quarter since 2021

Multifamily sector spurs housing starts to surprise five-month high

Mortgage lenders are more optimistic about the economy

Wholesale inflation jump is fastest in three years

Industrial sector continues to slow as supply outweighs demand

Multifamily rents barely budge in July thanks to new inventory

Homebuyer optimism grows as mortgage rate outlook improves: Fannie Mae survey

Nearly two-thirds of Gen Z members think they’ll never own a home in their lifetime

Though 90% of the Gen Z population in the U.S. hopes to own a home someday, 62% think that will never happen, according to a Clever Offers survey.

Nearly two-thirds of Gen Z members think they’ll never own a home in their lifetime

The affordability crisis hits home for many people in their 20s

The 30-year fixed-rate mortgage continued its downward trend during the week ending Aug. 7.

Mortgage rates fall for the third consecutive week

The 15-year fixed-rate mortgage decreases to 5.75%, the lowest level of 2025

Mortgage application volume increased 3.1% on a seasonally adjusted basis for the week ending Aug. 1, the MBA reported.

Mortgage demand rises as falling rates outweigh economic concerns

Refinances accounted for 41.5% of total applications — the highest mark since April

Barry Habib on his new role on Fannie Mae board, the Fed’s future and BLS chief firing

U.S. manufacturing sector contracts for the fifth month in a row: ISM

Commercial borrowing increased 66% in the second quarter

Trump naming new Fed governor, stats chief in the coming days

Ginnie Mae poised to get first permanent president in over a year

Firing of labor statistics head riles economists, lawmakers

Kugler to resign from Fed board, opening position for Trump pick

Stocks fall as July jobs report dramatically weaker than expected

MBA supporting VantageScore 4.0 incorporation ‘as soon as possible’

MBA reports decreased mortgage demand, but improved buyer affordability

Pending home sales fell 0.8% month over month in June and were down 2.8% from 12 months ago, according to NAR.

Pending home sales fall in June

Annual home price growth slows to 2.3%: Case-Shiller

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