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Home prices rose again, but the pace slowed even as the S&P CoreLogic Case Shiller June index hit a new high. Although supply is still limited, growing for-sale inventories are nudging momentum in favor of buyers. We expect more of this ahead. realtor.com/research/case-…

Long-awaited mortgage rate relief finally arrives! Check out some of our other top highlights from our National Housing & Economic Forecast 2024 Midyear Update. rltor.cm/hlbcn2

Our new analysis of mortgage originations shows that borrowers can take destiny into their own hands when it comes to mortgage rates. Rate shopping and improving their financial situation can lead to a 150 basis point reduction in their mortgage rate. realtor.com/research/aug-2…

Did you see this year's Hottest Zips is out? To see what's hot and where people are moving, visit rltor.cm/pz59uq

Pending home sales fell 5.5% in July realtor.com/research/pendi…

The Freddie Mac rate for a 30-year mortgage declined by 0.11 percentage points to 6.35% this week, the lowest level since May 2023, as 10-year Treasury yields stabilized around the 3.8% range since the prior week’s survey.

We're looking ahead to tomorrow's job report for data that will drive the Fed's upcoming decision. Our expectation is a quarter point cut in September. Chief Economist Danielle Hale explains why in this video. youtube.com/watch?v=DZwJW9…

In our August Monthly Housing Trends report released today, we find homes spent 53 days on the market, the slowest August in five years. We also find that for every 6% increase in inventory in a market, the market slows by 1 day. Read more here. realtor.com/research/aug-2…

Mortgage rates held steady at 6.35% this week, the lowest since May 2023 in welcome news to prospective homebuyers. realtor.com/research/fredd…

In August 142,000 #Jobs were added, & unemployment dipped to 4.2%. Average hourly earnings ticked up, gaining 3.8% over the last year. I expect that today’s goldilocks labor market reading gives the Fed room to begin gradually, with a 25 bps cut. More: realtor.com/research/sep-2…

Monthly housing payments including principal and interest, homeowner's insurance, real estate taxes and private mortgage insurance exceed half of gross monthly income for people of typical first-time homebuyer age in many metro areas.

Are you ready for it? CPI is out tomorrow and will be a key input into the Fed's decision next week. Get Chief Economist Danielle Hale's take on this and all the key housing data you need to know in less than 3 minutes: youtu.be/Pd4D0gYkXko?si…