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U.S. homebuilder sentiment rose in September amid lower lumber prices and strong housing demand.
September 20 -
Single-family home construction also increased across communities of all sizes, but notably in outlying metro areas.
September 7 -
But average loan sizes remain near record highs, with summer purchases of new constructions continuing to drive up prices.
August 18 -
Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.
July 20 -
Demand was strongest at the high end of the market, which pushed loan amounts up for the fourth straight month.
June 17 -
Issuance of securitizations backed by these loans is becoming more dependable, and Fannie will need more mortgages that finance newly-built energy-efficient homes to keep it going.
February 1 -
The race enters a complicated phase that could impact financial markets.
November 4 -
Home starts fell more than forecast in August, reflecting less construction of apartments and a decline in the tropical storm-hit South, representing a pause in momentum for a housing market that's been a key source of fuel for the economy.
September 17 -
Low rates, along with increased new and existing home sales activity drives the latest forecast.
September 16 -
The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.
June 16