Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in October.
Purchase application volume is down 39.1% from one year ago
30-year fixed-rate mortgage averaged 5.89 percent
The 20-city composite posted a 21.2% annual gain.
Pending sales slid for the sixth consecutive month, down 3.9%
Residential sales, which include single-family homes, condominiums, co-operatives and 2-4 family multi-family homes, decreased 6.3% in Westchester.
Single-family starts ended 2021 with a 13.4% increase for a total of 1.123 million starts.
The centerpiece of the legislation is the Anti-Discrimination in Housing Fund that will permit the state to conduct fair housing…
An expected impact of the virus crisis is a need for more residential space.
CoreLogic sees home prices rise 18%
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