Existing-Home Sales Recede 2.0% in August

Instant Reaction: Mortgage Rates, October 7, 2021 Mortgage rates dropped slightly this week, with the 30-year fixed mortgage rate fell to 2.99% from 3.01% the previous week. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-7-2021

Metro Area Wealth Gains as of 2021 Q2 Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. By: Scholastica (Gay) Cororaton Original source: https://www.nar.realtor/blogs/economists-outlook/metro-area-wealth-gains-as-of-2021-q2-typical-gain-of-349000-over-30-years

Instant Reaction: Inflation, October 13, 2021 Inflation is lingering amid the strain on supply chains, labor difficulties, and rising rent prices. By: Nadia Evangelou Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-inflation-october-13-2021

Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/student-loan-debt-holding-back-majority-of-millennials-from-homeownership

40 years of Home Buyer and Seller Data There are some notable changes in the home buying environment, pandemic aside, including interest rates, home prices, and how people buy and sell. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/40-years-of-home-buyer-and-seller-data-how-does-the-profile-compare

Monthly State Retail Sales, January 2019 to May 2021 The U.S. Census Bureau has released a new experimental data product that features modeled state-level retail sales. By:  Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/monthly-state-retail-sales-january-2019-to-may-2021