Market Updates

2021

May 18, 2021 - Market Update: Housing Starts Tumble After a Month of Gains
April’s New Residential Construction report showed a 13.4% decrease in privately-owned single-family housing starts, to an annual rate of 1,087,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.


April 22, 2021 - Market Update: Existing Home Sales Dipped in March
The National Association of Realtors just announced that existing home sales dipped 3.7% from February to March. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, had the following comments on the news.


April 16, 2021 - Market Update: Housing Starts Jumped in March
March’s New Residential Construction report showed a 15.3% increase in privately-owned single-family housing starts, to an annual rate of 1,074,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.


February 19, 2021 - Market Update: January Shows Rise in Existing Home Sales
Existing home sales rose 0.6% from December to January. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.


February 18, 2021 - Market Update: Housing Starts Dipped for First Time in More Than Half a Year in January
November’s New Residential Construction report showed a 12.2% decrease in privately-owned single-family housing starts, to an annual rate of 1,162,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.


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