Economic indicators

Next year is unlikely to offer relief from higher rates or housing supply shortages, according to the consensus forecast from 24 of the Securities Industry and Financial Markets Association's member firms.

More than half of the country's top housing markets are considered overvalued. Here's a look at the 12 cities where this trend is the most severe.

After increasing for nine consecutive weeks, mortgage rates dropped for the first time in 2018, according to Freddie Mac's Primary Mortgage Market Survey.

Despite rapid price gains and tight inventory nationally, prices in many of the largest housing markets are still below the peaks reached before the Great Recession.

As employment and home prices reach and surpass previous levels of normal economic and housing activity, building permits continued holding markets back from hitting historic norms during the third quarter, according to the National Association of Home Builders.

Fannie Mae revised its estimates for 2017 origination volume upward this month, noting that it expects economic strengths to offset weakness in the market from recent hurricanes.

Pending home sales decreased 0.8% to an index reading of 108.5 in May, after a downwardly revised 1.7% slide to 109.4 in April, according to a report released Wednesday by the National Association of Realtors.

In its regular Beige Book report, the Federal Reserve said that despite high consumer confidence, economic vital signs remain mixed.