Mortgage demand dropped to its lowest level since March, even though interest rates were much higher back then.
CNBC’s Rick Santelli and Diana Olick report on new consumer confidence and pending home sale data, which came in much stronger than expected.
The recent weakness in the housing market could be turning around, thanks to a steep drop in mortgage interest rates. Consumers signed more contracts to buy existing homes than expected in June.
Home prices continue to gain, and while the gains still shrank in May nationally, some markets are seeing stronger price appreciation.
Real estate firm Compass announced $370 million in new funding on Tuesday. Robert Reffkin, CEO and founder of Compass, joins ‘Squawk Box’ to discuss.
While the stock market continues its double-digit climb, the Hamptons just posted its sixth straight quarter of falling sales. Justin Agnello of Douglas Elliman joins ‘Squawk Box’ to discuss.
Daniel Gerard of State Street Global Exchange says the protests in Hong Kong are not a major factor affecting markets, but the city needs to worry about controlling housing conditions, rent prices and how that plays into discontent in the population.
Home ownership continues to decline. CNBC’s Diana Olick reports what it could mean for the real estate market.
Homeownership continues to decline. Mark Zandi of Moody’s Analytics chief economist, and Joe Watkins, former George H.W. Bush White House aide, discuss what it could mean for the real estate market.
High prices are hitting the Southern California housing market hard, reversing the sales gains over the past few months.