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LATEST CORELOGIC ECON TWEETS

Housing Trends

Demographic Bulge to Drive Long-term Home Sale and Rental Markets

Millennials & Babyboomers Will be Strong Tailwinds Going Forward

Frank Nothaft    |    Housing Trends

large demographic tailwind has arrived

Demographic forces will power housing demand in coming years as the millennial cohorts come into prime ages for forming households and buying first or second homes. The housing market has begun to feel the effects of this trend and the aging of the second largest cohort—the baby boomers.

Census Bureau data shows that during 2014, the largest single-age group of younger...

Strong Finish to Golden State Summer Home Sales

Job Growth, Low Mortgage Rates Help Fuel Demand

Andrew LePage    |    Housing Trends

California Summer Home Sales

California home sales in September dipped less than usual from August and rose nearly 13 percent from a year earlier, capping the Golden State’s highest summertime home sales in nine years.

An estimated 40,990 new and existing houses and condominiums sold in California in September 2015, down 0.8 percent from 41,328 sales in August 2015 and up 12.7 percent from 36,385 sales...

Rent or Buy?

National Price-to-Rent Ratio 5.7 Percent Below Pre-Crisis Peak

Shu Chen    |    Housing Trends

Median Home Prices and Rent Indices

Buying or renting a house is always a big decision for households. It’s also important for millennials who, recently graduated from school, may be moving to a different city to start a career, buy a house and build a family. Just like buying stocks, no one wants to buy a house when the price is high. Seven years after the last housing bubble bust, home prices, especially in the lower...

Housing Starts Rise, but Completions Lag Behind

Sam Khater    |    Housing Trends

Housing starts rose smartly in September, driven by the multifamily sector, but completions are not matching that hot pace, especially for low-end homes.

The implication is clear: with demand rising but supply in the form of completions slowing, there will be more pressure on home prices to rise, especially the low end due to the Federal Housing Administration’s decision in...

Cash Sales Share Falls to Lowest Level in Nine Years

Cash Sales Accounted for 31 Percent of All Home Sales in July 2015

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type

Cash sales made up 30.8 percent of total home sales in July 2015, down from 34.2 percent in July 2014. The year-over-year share has fallen each month since January 2013, and is at the lowest level in nine years. Month over month, the cash sales share fell by 0.5 percentage points in July 2015 compared with June 2015. Due to seasonality in the housing market, cash sales share comparisons...

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