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The Office of the Chief Economist works on critical research and insights to gauge the temperature of the housing market as a whole. From home price analyses to home equity, from loan performance to single family rent evaluations, they keep tabs on the movement and fluctuation of bellwether metrics that can inform the trajectory of the housing economy–and consequently affect the homeowners who participate in it.
Persistent imbalances between buyers and sellers in some markets continues to put pressure on home prices.
U.S. rent growth rebounded in May, with the 3.2% annual gain marking the highest gain in more than a year.
U.S. annual home price growth slipped below 5% in May, while detached properties continue to outpace attached properties for appreciation.
CoreLogic’s Office of the Chief Economist breaks down 10 key things you need to know about the mortgage landscape and housing market right now.
U.S. rental cost growth was up by a modest 3% year over year in April, with attached rental gains seeing a loss for the second straight month.
U.S. homeowners with a mortgage gained $28,000 in equity over the past year, led by California, Massachusetts and New Jersey.