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US existing home sales increase more than expected in May
U.S. existing home sales increased 3.2% in May to 4.17 million units, exceeding forecasts despite rising mortgage rates and tight inventory.
Virginia housing market maintains momentum in April
Virginia’s housing market continued to rise in April, with sales and new listings outpacing last year amid strong buyer demand.
US single-family home prices edge up in March, FHFA says
U.S. single-family home prices edged up 0.1% in March despite rising mortgage rates linked to the U.S.-Israel war with Iran, the FHFA reports.
US mortgage rates rise to 6.56%, MBA says
The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.
US pending home sales increase further; higher mortgage rates remain a constraint
The national association of realtors reports US pending home sales increased 1.4% in april, marking the third straight monthly gain amid mortgage rate shifts.
US existing home sales increase less than expected in April
U.S. existing home sales increased 0.2% in April to 4.02 million units despite elevated mortgage rates and rising inflation, according to the National Association of Realtors.
Virginia home sales rise in March, indicating strong spring
Virginia home sales climbed in March as inventory grew, prices rose and buyers stayed active entering the spring market.
US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
US mortgage rates jump to 6.57%, highest since August, MBA says
Mortgage Bankers Association reports US 30-year fixed mortgage rates jumped to 6.57%, highest since august, driven by inflation fears and middle east tensions.
US new home sales drop to near 3 1/2-year low in January
US new home sales dropped 17.6% in January to their lowest level since October 2022, impacted by severe winter weather and rising mortgage rates.
Housing market sees gains in February, but Iran war could disrupt momentum
Housing markets in Northern Virginia, Central Virginia and Hampton Roads posted modest year-over-year gains in February.
US pending home sales unexpectedly rebound in February on lower mortgage rates
US pending home sales increased 1.8% in February as mortgage rates declined, but gains may be limited by rising oil prices and inflation fears.
