Search Results for: home

S&P 500 – U.S. Bank Stocks vs. U.S. Homebuilding Stocks Is the recent weakness in bank stocks a buying opportunity? Image: BofA Global Investment Strategy

U.S. Housing – Existing Home Sales Median Price Existing home sales reached their highest level in 14 years, thanks to low rates. Image: Piper Sandler

Housing – Mortgage Loan Applications to Purchase a Home in the U.S. Mortgage loan applications to purchase a home in the U.S. are back to pre-pandemic levels. Image: BofA Global Research

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

U.S. Core Inflation vs. Home Prices (Leading Indicator) Home prices suggest that core CPI seems likely to fall further. Image: Scotiabank Economics

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

U.S. Home Builder Sentiment – NAHB/Wells Fargo Housing Market Index Lower mortgage rates help the housing market and boost home builder sentiment. Image: Leonard Kiefer

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

U.S. Mortgage Rates and New Home Sales The decline in mortgage rates has given a strong boost to new home sales. Image: Macrobond

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