Weekly Housing Headlines

Mortgage applications decreased 8.5% from one week earlier; National home price growth held near a standstill through March; homebuyer affordability declined in April, with the national median payment increasing to $2,152 from $2,131 in March; U.S. pending home sales fell 1.5% from a week earlier during the week ending May 24; and home prices continue a cooling trend, rising just 1.7% from the first quarter of 2025.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 5/27/2026
Mortgage applications decreased 8.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 22, 2026.

Case-Shiller Home Price Index: National Home Price Growth Holds Steady Through March
Realtor.com - 5/26/2026
The S&P Cotality Case-Shiller Home Price Index showed national home price growth holding near a standstill through March, with the U.S. National Index rising 0.7% year over year, down from 0.8% in February.

Mortgage Application Payments Increased in April
Mortgage Bankers Association - 5/28/2026
Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,152 from $2,131 in March.

Higher Mortgage Rates Push Pending Home Sales Down for Second Straight Week
Redfin - 5/28/2026
U.S. pending home sales fell 1.5% from a week earlier on a seasonally adjusted basis during the week ending May 24, marking the second straight decline after four weeks of increases.

U.S. Home Prices Continue Broad Cooling Trend in First Quarter
Scotsman Guide - 5/26/2026
U.S. home price gains continued to moderate, rising just 1.7% from the first quarter of 2025 and only 0.1% month over month from February to March.

Serious Mortgage Delinquencies Remain Elevated Despite Stable Overall Performance
National Mortgage Professional - 5/26/2026
Overall mortgage performance remained stable in April, but late-stage delinquencies and foreclosure inventory continued rising above year-ago levels.

Sellers Are Still Slashing Home Prices in These 5 Cities
Realtor.com - 5/22/2026
Price cuts remain common in several markets, led by Phoenix (29%), followed by Tampa (25%), San Antonio (25%), Denver (24%), and Portland (24%).

71% of Homeowners Say Insurance Costs Are Up
Mortgage Professional America - 5/27/2026
A Pew Research Center survey found that 71% of homeowners say their home insurance costs have increased in recent years, with 42% reporting significant increases.

Home Purchase Cancellations Level Off As Buyers Re-Enter Market
National Mortgage Professional - 5/22/2026
Approximately 47,000 U.S. home-sale agreements were canceled in April, representing 13.4% of homes that went under contract.

Are All-Cash Home Buyers Retreating?
Financial Advisor - 5/27/2026
Just 28.8% of U.S. home buyers purchased homes entirely in cash in March, down from 29.8% a year earlier and the lowest level since March 2021.