According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending November 18, 2022, U.S. mortgage applications increased 2.2 percent from one week earlier.
Based on new AAA predictions, 54.6 million people will travel 50 miles or more from home this Thanksgiving holiday in America. That's a 1.5% increase over 2021 and 98% of pre-pandemic volumes. This year is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.
According to national property broker Redfin, pending U.S. home sales fell the most on record in October 2022, while deal cancellations and price cuts hit record highs.
According to the Miami Association of Realtors, Miami-Dade County residential property sales transactions in October 2022 decreased 30.6% year-over-year, from 2,978 in October 2021 to 2,067 today, because of high mortgage rates, economic uncertainty and low inventory.
Based on the latest Rental Report by daft.ie, Ireland residential market rents in the third quarter of 2022 were an average of 14.1% higher than the same period a year earlier, as availability of rental homes remained near an all-time low.