Posted on Aug 22nd, 2022

This summer, the U.S. housing market entered into a sharp slowdown. That only intensified last month. On a year-over-year basis, new-home sales and existing-home sales are now down 17.4% and 20.2%, respectively. While single-family housing …

Posted on Aug 23rd, 2022

The numbers: Housing market activity continues to slow, as declines in in purchase and refinance applications to push the Market Composite Index, a measure of mortgage loan application volume, lower, the Mortgage Bankers Association (MBA) …