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.

Housing Affordability Ticks Up, But What Does That Mean for Spring Home Buying?

By FirstAm Editor on March 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at January 2017 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability

Top 5 Most and Least Affordable Housing Markets Amid Higher Rates

By Mark Fleming on March 13, 2017
Recent economic data and comments by members of the Federal Open Market Committee (FOMC) all suggest that the chance of a rate increase this week after the FOMC meets is substantially higher than it was just a few weeks ago. Now that we are most likely in a rising rate environment, what does it mean for housing affordability? Read More

Real House Price Index Affordability

What’s Behind the December Dip in Housing Affordability?

By FirstAm Editor on February 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at December 2016 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability

Just in Time for the Big Game: The Housing Benefit of Football Fandom

By Mark Fleming on January 31, 2017
We all love our football, no more so than this weekend. But, it’s not just about cheering on your favorite team, guiltlessly eating wings, nachos or your favorite in-game football snack food, and gathering around that ever increasingly massive television (after all, it’s the second best time of the year to buy a television according to Consumer ... Read More

Affordability

Rising Rates and Strong Nominal Price Growth Halt Six-Month Run of Increasing Affordability

By FirstAm Editor on January 30, 2017
First American’s proprietary Real House Price Index (RHPI) looks at November 2016 data and includes analysis from First American Chief Economist Mark Fleming on a shift in affordability as real house prices increased for the first time in six months. Read More

Interest Rates Real House Price Index Income Affordability

Wage Growth Contributes to Increased Affordability in Most Major Markets

By FirstAm Editor on November 28, 2016
First American’s proprietary Real House Price Index (RHPI) looks at September 2016 data and includes analysis from First American Chief Economist Mark Fleming that includes comments on last week’s conforming loan limit increase. Read More

Interest Rates Real House Price Index Income Affordability