Year-over-year, pending transactions slid by 31.0%
New home sales are down 14% on a year-to-date basis
Mortgage application Purchase index down 21% from last year.
Building Materials Prices Move Higher, Up 19% Year-over-Year
Residential sales in 2021 in the counties served by OneKey MLS, Inc. reached a historic peak.
0-year fixed-rate mortgage averaged 3.11 percent with an average 0.6 point for the week ending December 2, 2021
The 30-year fixed-rate mortgage (FRM) averaged 2.98 percent.
According to a Douglas Elliman report published this week, there were 4,523 closed co-op and condos sales in the quarter
30-year fixed-rate mortgage averaged 3.02 percent
the 12-month increase in material costs for the same house was 26.1 percent.
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