Housing Market

September 28, 2022

US Home Supply Pressure Eases its Stranglehold but Remains Constricted

As mortgage rates slow the buying frenzy, long-standing housing supply pressures began to ease. However, the supply of homes remains lower than pre-pandemic averages.

September 27, 2022

California Home Sale Activity by City

The California by City Home Sale Activity report is updated monthly to show the most recent sales volume and median prices for each city in most California counties, as well as county totals and prices.

September 26, 2022

Southern California Home Resale Activity

The Southern California Home Resale Activity report is updated monthly to show the most recent sales volume and median prices for existing single family and condo sales for each SoCal zip code and county.

September 14, 2022

Are Mega-Investors Behind the Record Price Appreciation?

The share of single-family homes purchased by investors went from 16% in 2020 to 24% in 2021, and the outsized presence of mega-investors raises concerns that they are driving up prices and muscling potential homeowners out of the market.

September 5, 2022

Small Investors Chose to Sell Properties Rather than Rent Them Duri...

Fueled by the housing supply shortage and historically low mortgage rates during the pandemic, both home prices and rents hit new highs. With home price growth at record levels, some single-family investors sold their rental portfolios to extract the equity gains.

September 1, 2022

Quarterly Construction Insights – Q3 2022

CoreLogic tracks construction cost for commercial, residential and agricultural construction of all types of goods (labor and materials) throughout the United States and Canada.

August 31, 2022

What Makes a Family Home? Hint: It’s Not a White Picket Fence

There are several factors that are near-universal for families when selecting a home, and these center around the well-being of children and their education.

August 24, 2022

The Beginning of the End? Single-Family Investor Activity Takes a S...

The share of single-family home purchases made by investors dropped by 8 percentage points from Q1 to Q2, suggesting that these buyers may be more sensitive to interest rate increases than owner-occupied buyers

August 18, 2022

Returns from Price Appreciation Surpass Returns from Rent, But Not ...

Looking at appreciation alone does not convey the full benefits of owning a home. This is more accurately measured by the sum of price appreciation and rental income flows—the total appreciation.

August 17, 2022

New Homes Sales Continue Steady Drop in 2022

Nationally, new home sales have increased their downward slide and have been down over 13% for every month of 2022. Compared to May 2020, at the height of the shutdowns, the decline was only 10%.

August 11, 2022

Interest Rates Are Up But ARM-Backed Home Purchases Are Way Up

Adjustable-rate mortgages (ARMs) are up significantly amid rising interest rates and homebuyers and investors are flocking to ARMs for better affordability and yields.

August 3, 2022

Homeowner Equity Reached Record Level in Early 2022

At the end of the first quarter of 2022, the average borrower had $280,000 in home equity — this is a gain of $64,000 over the past year and $125,000 over the past five years. This has led to increased cash-out refinancing and remodeling activity.