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Housing Inventory Plunges to New Low in November

The number of homes for sale hit an all-time low during the week ending November 28.

Mortgage Rates at Lowest Levels Since Late September

Mortgage applications to purchase a home increased 3% for the week but were 4% lower.

Shortage of Homes for Sale Likely to Outlast Other Scarcities

Of all the shortages afflicting the US economy, the housing shortage might last the longest.

Record Price Gains Smash Records

Home price gains in 2021 are on pace to smash last year’s all-time high after record-low mortgage rates.

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