We’ll add more market news briefs throughout the day. Check back to read the latest.
Real Trends December 2015 Housing Market Report:
- In December 2015, housing sales increased 8.2 percent year-over-year.
- This was the largest year-over-year increase since June 2015.
- The West was the strongest region, with a 10.3 increase.
Re/Max January 2016 National Housing Report:
- December 2015 home sales were up 6.1 percent year-over-year.
- The median sales price was up 5.3 percent year-over-year.
- Average days on market was 67 days.
FNC’s Residential Price Index for November 2015:
- Home prices were “largely flat in November,” FNC reported.
- Month-over-month, home prices registered a 0.0 percent change between October and November 2015.
- Year-over-year, home prices rose 6.0 percent.
Mortgage rates:
[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]
[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]
Home equity rates:
[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]
[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]
Last week’s most recent market news:
FNC’s Residential Price Index:
- The 100-MSA purchase index composite for November 2015 was 165.62, up .07 month-over-month.
- The index was up 9.31 points year-over-year.
- Los Angeles had the highest purchase price index: 243.13.
Email market reports to press@inman.com.
