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Patrick Barnard

Greenwich
As seen in: Charter Communications, Color Research & Application, Nature, Wiley Online Library, Eyes on Earth, Patch, Montreal Gazette, 24/7 Wall Street, NewsBreak, Le Devoir, GEOExPro and
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Articles

U.S. Home Price Growth Continued to Slow in November

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By Patrick Barnard
| mortgageorb.com
U.S. home price growth decreased 0.2% in November compared with December and was up 0.7% compared with November 2024, according to First American’s latest Home Price Index report. The report finds that home price growth nationally has stabilized in a low single-digit range, helping affordability improve, but with stark differences region to region and market to market.
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First American: Slowing Home Price Appreciation Boosted Affordability in October

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By Patrick Barnard
| mortgageorb.com
Cooling home price growth in October helped boost affordability to its best level since the summer of 2022, according to the latest First American Data & Analytics Real House Price Index. “Housing affordability improved year over year for the eighth consecutive month in October,” says Mark Fleming, chief economist for First American, in a statement.
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Pending Home Sales Increased in November as Affordability Improved

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By Patrick Barnard
| mortgageorb.com
Pending home sales increased 3.3% in November compared with October and were up 2.6% compared with November 2024, according to the National Association of Realtors (NAR). Regionally, pending home sales rose in the Northeast, Midwest, South and West – both month-over-month and year-over-year. “Homebuyer momentum is building,” says Lawrence Yun, chief economist for NAR, in a statement.
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