Are Home Sales Lowering? Market Update 7/1/2024
07/01/24 • 16 min
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Hey everyone, it's Larry Bailey. This is for the Week of June 24, 2024 in Review
Both inflation and home sales moved lower. Meanwhile, home prices hit another all-time high. Read on for these stories and more:
- Inflation Cools in May
- New Home Sales Slip
- Pending Home Sales Continue Lower
- Home Price Gains Remain Strong
- First Quarter Only Slightly Higher Than Initially Reported
- Initial Jobless Claims Decline but Still Remain Elevated
To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.
Larry Bailey - Your Community Advocate
© 2025 Mortgage Workflow Partners Inc. All Rights Reserved.
Let us know what questions you have. Give us feedback too.
Hey everyone, it's Larry Bailey. This is for the Week of June 24, 2024 in Review
Both inflation and home sales moved lower. Meanwhile, home prices hit another all-time high. Read on for these stories and more:
- Inflation Cools in May
- New Home Sales Slip
- Pending Home Sales Continue Lower
- Home Price Gains Remain Strong
- First Quarter Only Slightly Higher Than Initially Reported
- Initial Jobless Claims Decline but Still Remain Elevated
To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.
Larry Bailey - Your Community Advocate
© 2025 Mortgage Workflow Partners Inc. All Rights Reserved.
Previous Episode
Median Prices at Record Highs! Market Update 6/24/24
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Hey everyone, it's Larry Bailey. This is for the Week of June 17, 2024 in Review
Both sales of existing homes and new construction were lower in May. Here are the highlights:
- Existing Home Sales Slower but Median Home Price at Record High
- Home Builder Sentiment Hammered Lower
- Housing Starts, Permits Lower Than Expected
- Flat Retail Sales Start of a Slowdown?
- Watching Trends in Jobless Claims
To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.
Larry Bailey - Your Community Advocate
© 2025 Mortgage Workflow Partners Inc. All Rights Reserved.
Next Episode
Major Release 24.2 Feature Enhancements Walkthrough
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I walk you through all of the feature enhancements slated for Encompass® 24.2 coming to you in August 2024. I help you understand what is changing, as well as the value of each change for you and your organization. Make sure to follow along with all of the other 24.2 walk-though updates as well for fixed issues, Encompass® Web, and TPO Connect®.
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Larry Bailey - Your Community Advocate
© 2025 Mortgage Workflow Partners Inc. All Rights Reserved.
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