Housing Market Forecast

December 28, 2022

Millennial Homebuyers’ Share Continues to Rise in 2022

In addition to younger Millennials, Gen Z members are also likely to fuel the demand for housing over the next couple of years, especially if affordability improves.

April 4, 2022

Single-Family Investor Activity Stalls in the Fourth Quarter of 2021

Investors’ recent acquisition spree showed its first signs of slowing down in the fourth quarter of 2021. After hitting historical peaks in the second and third quarters of 2021, the share of homes purchased by investors reached its zenith last October at 26.9% of total home sales

September 8, 2021

18 Months Later, How is COVID-19 Affecting the Housing Economy?

In this episode, Dr. Frank Nothaft and Maiclaire Bolton Smith provide a status update: When will home prices come down? What will happen when the forbearance moratorium ends, and what’s in store in 2022?

June 14, 2021

Refinance in a Rising-Rate Market

With mortgage rates declining to ever new lows during 2020, the mortgage market had the largest number of originations in 17 years. The volume was driven by no-cash-out refinance: more than one-half of the originations, and 4-in-5 refinance loans, were no-cash-out during 2020.

April 19, 2021

Special Report: Pandemic Crippled Progress in Closing Gender Wealth...

Fewer Women Purchasing Homes—and Earning Income—Is Bad News for Everyone The COVID-19 pandemic has highlighted the importance of homeownership and its impact on wealth accumulation among American households. Home prices soared, and among homeowners with a mortgage, the average equity gains were o...

March 17, 2021

Home Sales Reveal New Insights into Current Recession

Historically, when it comes to recessions, home prices don’t always dovetail with economic instability. In fact, home sales numbers have a much tighter relationship with recessions. The current recession is unique, however, and that uniqueness can be seen in the behavior of the national housing m...

March 11, 2021

Pandemic: A One-Year Look Back

Pandemic derailed the spring buying season, but single-family activity rebounded Summary: Places with larger job loss also had a larger increase in home-mortgage past-due rates. Average home equity rose to a record level by year-end 2020, enabling a rise in home remodeling spending to an all-time...

February 8, 2021

New Home Outlook: Sales Expected to Rise in 2021

Dallas and Houston metro areas had the most new-home settlements in 2020 The construction of new homes is important to meet the shelter needs of America’s expanding population. CoreLogic public records data show that closings on single-family new-home sales were up 12% year-over-year in the six m...

December 21, 2020

U.S. For-Sale Home Supply Tightened during Pandemic, Pushing Up Hom...

National Supply of Homes for Sale Fell to 2.2 Months in October 2020 After the pandemic took hold in the U.S. in early 2020, stay-at-home orders and uncertainty in the economy delayed listings from going live on the market. The typical spring home buying season was pushed into summer in 2020 and ...

December 17, 2020

Modernizing The Housing Economy

Using Technology to Navigate the Next Decade COVID-19 has fundamentally reshaped the ways we work, the ways we do business and the ways we interact with each other. How can you be on the forefront of this wave of change? In a new whitepaper, Modernizing the Housing Economy, CoreLogic® explores so...

December 3, 2020

Three-Year Housing and Mortgage Outlook

December 2020 Economic Outlook 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.2% during the next three years. Millennials will add substantial demand for housing over the next few years. Home prices projected to rise in most metro areas, albeit slower than in re...

October 16, 2020

Home Sales in a Pandemic: An International Comparison

October 2020 Economic Outlook The World Health Organization declared COVID-19 a global pandemic on March 11. By mid-March, shelter-in-place orders were issued across many nations. While each of us may think about how it has affected our own local neighborhood, it has also affected communities acr...