Housing Market Trends

From the First American Economic Center

The First American Economic Center has you covered with in-depth analysis and expert insights on the latest data and trends in the industry.

The REconomy Podcast™: Will Inflation Drive Mortgage Rates Higher?

By FirstAm Editor on November 4, 2021
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine rising inflation in today’s economy and what it may mean for mortgage rates. Read More

Housing Interest Rates Affordability REconomy

How Will Rising Mortgage Rates Impact House-Buying Power?

By Mark Fleming on October 26, 2021
In August, year-over-year nominal house price appreciation reached 20.7 percent, the third consecutive month it has set a new record. According to our Real House Price Index (RHPI), which measures housing affordability in the context of changes in consumer house-buying power, incorporating changes in household income, mortgage rates and nominal ... Read More

Interest Rates Real House Price Index Affordability

The REconomy Podcast™: What is the Fed Signaling on Interest Rates?

By FirstAm Editor on October 22, 2021
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how the Federal Reserve signals potential policy changes on interest rates and the tapering of its Treasury and mortgage-backed securities purchases. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: The 3 Most Important Housing Market Statistics

By FirstAm Editor on October 7, 2021
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi share their expert perspective on the three most important housing market statistics to follow. Read More

Housing Interest Rates Affordability REconomy

Homes More Affordable Today Than During Previous Housing Peak in Each of the Top 50 Markets

By Mark Fleming on September 28, 2021
In July, housing affordability continued its decline as year-over-year nominal house price appreciation reached a record 20 percent, vastly outpacing the increase in house-buying power compared with a year ago. The Real House Price Index (RHPI) measures affordability in the context of changes in consumer house-buying power, incorporating changes ... Read More

Interest Rates Real House Price Index Affordability

The REconomy Podcast™: Why Labor Market Trends May Keep Mortgage Rates Near Record Lows Longer

By FirstAm Editor on September 23, 2021
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why important labor market trends may influence the Federal Reserve’s decision to reverse its easy-money policies. Read More

Housing Interest Rates Affordability REconomy