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Mortgage Rates Dampen Home Sales
Wed, 19 Jun 2024 14:11:59 GMT
Existing, single-family home sales in California totaled 272,410 in May on a seasonally adjusted annualized rate, down 1.1 percent from 275,540 in April and down 6.0 percent from 289,860 in May 2023.

Tepid Growth In Mortgage Applications
Wed, 19 Jun 2024 14:11:20 GMT
Purchase applications grew 2 percent while refinance applications decreased 0.4 percent for the week ending June 14.

Household Equity Swells
Wed, 19 Jun 2024 14:10:38 GMT
The market value of household real estate assets rose from $44.90 trillion to $45.84 trillion in the first quarter of 2024 according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts.

Home Price Growth Slowing
Tue, 18 Jun 2024 14:58:43 GMT
Home prices rose 0.3% month over month in May, the smallest increase since January 2023.

New Home Permits Hold Steady
Tue, 18 Jun 2024 14:58:09 GMT
Over the first four months of 2024, the total number of single-family permits issued reached 336,124. This is an increase of 25.3% over the April 2023.

Retail Sales Inch Up In May
Tue, 18 Jun 2024 14:57:36 GMT
Retail rose 0.1% in May, pointing to greater financial strain among consumers.

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