US home-builder confidence slips in June https://t.co/Rdq0g6NJfp via @FoxBusiness @NAR_Research

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– Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is.

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HOME SALES PICK UP . Existing home sales accelerated 1.2% to an annual pace of 4.88 million in February, the National Association of Realtors announced. Sales had slowed markedly in January. February also brought a big jump in new home buying – a 7.8% increase according to the Census Bureau, taking the year-over-year gain to 24.8%. 1,2

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US home-builder confidence slips in June https://t.co/Rdq0g6NJfp via @FoxBusiness @NAR_Research

US Builder Confidence Slips Two Points in July, Remains Solid – Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016. .

Brutal weather across two-thirds of the country held homebuying back. The Census Bureau found new home sales tailing off 0.2% in January. More significantly, the National Association of Realtors measured a 4.9% fall in existing home sales. The NAR did announce a 1.7% January gain in its pending home sales index.