Marketing & Statistics

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2016 shows mortgage applications for new home purchases increased 8 percent relative to October 2015. Compared to September 2016, applications decreased by 2 percent. This change does not include any adjustment for typical seasonal patterns

The Mortgage Bankers Association (MBA) announced today that it forecasts $1.10 trillion in purchase mortgage originations during calendar year 2017, an 11 percent increase from 2016.  In contrast, MBA anticipates refinance originations will decrease by 40 percent, resulting in refinance mortgage originations of $529 billion.  In total, mortgage originations are expected to decrease to $1.63 trillion in 2017 from $1.89 trillion in 2016.

Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 21, 2016. The prior week's results included an adjustment for the Columbus Day holiday

The Federal Housing Administration (FHA) today announced that, under certain circumstances, it will lower its required owner-occupancy standard for approved condominium developments effective immediately. FHA currently requires that approved condominium developments have a minimum of 50 percent of the units occupied by owners. However, the agency determined this requirement can be lowered to 35 percent for existing condo developments provided the project meets certain conditions.

Sales of new single-family houses in September 2016 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 3.1 percent (±16.2%)* above the revised August rate of 575,000, but is 29.8 percent (±23.4%) above the September 2015 estimate of 457,000

Sales of newly built, single-family homes rose 3.1 percent in September from a downwardly revised August reading to a seasonally adjusted annual rate of 593,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Thirty-five states added construction jobs between September 2015 and September 2016 while construction employment increased in only 21 states and the District of Columbia between August and September, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said contractors still report difficulty filling construction jobs, and they urged Congress to complete action on a bill that would help more students gain the skills to qualify for good-paying careers in construction.

Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.

ortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 14, 2016. This week's results included an adjustment for the Columbus Day holiday

A sharp decline in multifamily production brought overall nationwide housing starts down 9 percent in September, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. However, both single-family production and overall permit issuance posted solid gains

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2016 shows mortgage applications for new home purchases increased 3 percent relative to September 2015. Compared to August 2016, applications decreased by 7 percent. This change does not include any adjustment for typical seasonal patterns

Student loan debt and high rent prices continue to worsen the homeownership outlook according to data from the fourth annual housing survey from NeighborWorks America. The national telephone survey found nearly one-third (30 percent) of Americans know someone who has delayed the purchase of a home because of student loan debt, up from 28 percent in 2015 and just 24 percent in 2014.

Industry Officials Note the Sector’s Average Hourly Earnings Increased by 2.8 Percent for the Year as Most Firms Report Shortages of Qualified Workers, Number of Unemployed Workers Hits 16-Year Low for Month

Mortgage applications increased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2016.

NAIOP has released the latest Sentiment Index based on a survey of member developers, owners and investors on whether their 12-month outlook for commercial real estate development is positive, neutral or negative.

The Boulder Group has released its 3rd Quarter 2016 Net Lease Research Report. The report provides comprehensive numbers and analysis of the net lease property market.