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The surge of COVID-19 cases in much of the nation put a hold on reopening the economy, adding risk to the housing market, First American said.July 16
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The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.June 16
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Pent-up demand is already pushing buyers to a gradual return to the market, the report asserts.May 18
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Mortgage applications to purchase new homes took a small step back in February from record levels during the previous month, but further positive momentum could be blunted by the coronavirus.March 17
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Newly constructed home purchase application volume continued its upward momentum during January, with unexpectedly low mortgage rates encouraging consumers to start shopping now, according to the Mortgage Bankers Association.February 18
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Loan applications to purchase newly constructed homes rose over one-third annually during December as new residential construction recovered, according to the Mortgage Bankers Association.January 16
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Even with an increase in both new and existing home construction activity during November, the slowdown over the previous 11 months will constrain inventory going into 2020, according to BuildFax.December 16
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Loan applications to purchase newly constructed homes during October rose by nearly one-third year-over-year as sales reached their highest annual pace since the Mortgage Bankers Association started tracking this data.November 19
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Renovation spending is decelerating faster than expected this year, but could slow with more deliberation than previously anticipated next year, according to Harvard University's Joint Center for Housing Studies.October 18
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Mortgage applications to purchase new homes dropped 8% in September from August, as ongoing uncertainty over interest rate movements and economy likely kept buyers out of the market, the Mortgage Bankers Association said.October 17
