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MONDAY, July 27th The S&P CoreLogic Case-Shiller 20-city home price index rose 3.7% year-over-year in May, down from a 3.9% annual gain in the previous month. Phoenix, Seattle and Tampa reported the highest year-over-year gain in among the 19 cities (excluding Detroit). Phoenix led the way with an 9.0% annual gain, followed by Seattle withRead more

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2020 shows mortgage applications for new home purchases increased 54.1% compared from a year ago. Compared to May 2020, applications increased by 20%. This change does not include any adjustment for typical seasonal patterns. “The new home purchase market continues to recover –Read more