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.

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

Market Potential Continues Slide in January as Higher Rates Reduce Supply

By Mark Fleming on February 21, 2017
First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales model with analysis of housing market trends in January 2017. Read More

Housing Interest Rates

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

Affordability Improves Nationally Based on Wage Growth, Although Not for Many Major Markets

By FirstAm Editor on December 26, 2016
First American’s proprietary Real House Price Index (RHPI) looks at October 2016 data and includes analysis from First American Chief Economist Mark Fleming on the impact of rising mortgage rates on consumer house buying power and affordability heading in to 2017. Read More

Interest Rates Real House Price Index Income

Real Estate Outlook Declines on Election Uncertainty and Heightened Expectations for Fed Rate Hikes

By FirstAm Editor on December 21, 2016
We invite you to browse the fourth quarter 2016 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts. Read More

Interest Rates Real Estate Sentiment Index Federal Reserve

What a Difference an Election Makes

By Mark Fleming on December 13, 2016
What a difference an election makes. Since the election, we have seen a pronounced increase in the popular 30 year-fixed mortgage rate. In the words of Federal Reserve Chairman Janet Yellen, financial markets expect that expansionary fiscal policy will accelerate U.S. economic growth and increase inflation. As a result, the 30-year fixed mortgage ... Read More

Housing Interest Rates Real House Price Index Federal Reserve