Housing – U.S. Existing Home Sales and 30-Year Mortgage Rate

Housing – U.S. Existing Home Sales and 30-Year Mortgage Rate This chart shows the correlation between U.S. existing home sales and the 30-year mortgage rate (inverted), and suggests further improvements in sales. Image : Piper Sandler Companies

Median Age of All U.S. Homebuyers

Median Age of All U.S. Homebuyers Housing affordability is difficult today. The median age of all U.S. homebuyers hit a record, rising from 31 years in 1981 to 47 years in 2019. Image: Deutsche Bank Global Research

New Home Sales vs. Recessions

New Home Sales vs. Recessions Typically, a recession occurs when the annual change in New Home Sales declines by about 20%. This chart suggests that a recession from these levels would be surprising. Image: Calculated Risk

U.S. Total Home Sales

U.S. Total Home Sales This year, lower mortgage rates could boost U.S. home sales in the fourth quarter. Image: Leonard Kiefer

Home Prices Lead U.S. Consumption

Home Prices Lead U.S. Consumption This chart suggests that home prices lead U.S. consumption by 9 months. Image: Nordea, Sebastian Dypbukt Källman

Homeownership Disparity Deepens

Homeownership Disparity Deepens Since 1994, the gap between blacks and whites has widened, in part because starter-home prices have exploded, year after year. Inequality: you may also like “U.S. Unemployment Rate: Black or African Americans” and  “U.S. Net Worth by Wealth Bracket” and “Countries With the Highest Housing Bubble Risks.” Picture Source: Bloomberg

U.S. Existing Homes Sales

U.S. Existing Homes Sales Existing-home sales fell 1.7% in June and have been disappointing, while mortgage rates have fallen. Image: The Wall Street Journal