Home prices grew by 10.6% year over year in September, marking the sixth consecutive month of annual declines.
U.S. overall mortgage delinquencies dropped for the 18th consecutive month year over year in September.
U.S. single-family rental prices were up by 10.2% year over year in September, with Miami posting gains of almost double the national average
U.S. home price growth continued to relax on a year-over-year basis in September, posting an 11.4% increase.
The CoreLogic Quarterly Mortgage Fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis and offers insights based on the analysis of trends found in residential mortgage loan applications.
Only 2.8% of U.S. homeowners with mortgages were delinquent in August, the lowest level since near the start of the pandemic.
In August, the CoreLogic S&P Case-Shiller Index posted a 13% year-over-year increase, down from a 15.6% gain in July, marking the fifth straight month of decelerating annual home price appreciation.
Annual U.S. single-family rent growth was up by 11.4% in August, marking the fourth straight month of year-over-year declines.
Home prices nationwide, including distressed sales, increased by 13.5% in August 2022 on an annual basis.
For the month of July, 3% of all mortgages in the U.S. were in some stage of delinquency, representing a 1.2 percentage point decrease compared to 4.2% in July 2021.
The surge in mortgage rates has brought the housing market to an impasse. Many buyers moved to the sidelines as the cost of homeownership became prohibitively high, while sellers were unwilling to give up locked-in record-low interest rates and expectations of peak sales prices.