Housing Market and Real Estate Analysis by Lance Lambert
Number of markets with falling home prices rises, Lance Lambert reports
The housing market is experiencing renewed softening as the number of markets seeing falling home prices has increased. Lance Lambert noted this shift, citing that the trend of declining prices ...
Lance Lambert: U.S. home prices fell 0.5% month over month in latest data
U.S. home prices declined by 0.5% in the latest month-over-month national reading, compared to the usual 0.1% monthly increase for this period. This assessment was provided by Lance ...
Fannie Mae sees 7.5 percent 30-year mortgage rate for every quarter of 2027, Fannie Mae predicts
Fannie Mae projects the average 30-year fixed U.S. mortgage rate will remain at 7.5 percent for each quarter of 2027, according to a forecast shared by Lance Lambert. Lambert noted that if these ...
Lance Lambert: Pandemic-era real condo price gains in Florida have largely been erased
Nearly all of the inflation-adjusted condominium home price gains from the Pandemic Housing Boom have been wiped out in Florida. Lance Lambert shared this assessment, pointing to supporting data ...
Century Communities increases presence in Dallas-Fort Worth, Lance Lambert states
Century Communities, identified as America’s 10th-largest homebuilder, has increased its exposure in the Dallas-Fort Worth market as part of a long-term strategy. Lance Lambert noted that ...
Lance Lambert: Average 30-year mortgage rate at 7.48%, down from last year
Lance Lambert provides an update on current U.S. mortgage and Treasury market rates. Today, the average 30-year fixed mortgage rate is 7.48%, which is lower than the 7.50% threshold. For ...
30-year fixed mortgage rate climbs to 7.60 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate has reached 7.60 percent, marking 11 consecutive days above the 7.50 percent threshold. This streak is approaching the cycle high ...
Lance Lambert: U.S. 30-year mortgage rate reaches 7.56 percent, 10-year Treasury yield at 5.28 percent
Lance Lambert highlights that the average U.S. 30-year fixed mortgage rate has reached 7.56 percent today, surpassing the 7.50 percent barrier for nine straight days. According to Lambert, this ...
Average 30-year mortgage rate at 7.61 percent after 8 straight days above 7.50 percent, Lance Lambert notes
Lance Lambert reports that the average U.S. 30-year fixed mortgage rate has reached 7.61 percent, following eight consecutive days above the 7.50 percent threshold. He adds that this is one of ...
Lance Lambert: Average 30-year mortgage rate reaches 7.57% with wide Treasury spread
Lance Lambert reports that the average 30-year fixed mortgage rate today is 7.57%, marking five consecutive days above the 7.50% level. The previous record for sustained elevated rates in this ...
Average 30-year mortgage rate hits 7.54 percent and 10-year Treasury yield stands at 5.24 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate has reached 7.54 percent, marking four consecutive days above the 7.50 percent barrier. This compares to 6.37 percent on the same ...
Lance Lambert: Housing market shows weakness since June as Texas resale sellers adjust
Lance Lambert reports that the housing market has experienced weakness since June. Texas resale home sellers have made further concessions, and resale inventory—described as the largest ...
Lennar construction costs drop 14 percent over three years, Lance Lambert notes
Lance Lambert reports that Lennar, a major homebuilder, has seen its construction cost per square foot decrease by 14 percent over the past three years. However, Lennar believes this period of ...
Lance Lambert: Maps show YoY metro home price shifts for August periods through 2026
Lance Lambert highlights changes in year-over-year metro area home prices, comparing two distinct periods: August 2024 to August 2025 and August 2025 to August 2026. The data, visualized on maps ...
30-year mortgage rate surges to 7.45 percent, Lance Lambert notes
Lance Lambert highlights a sharp one-day increase in the average 30-year U.S. mortgage rate, reaching 7.45 percent. The same day last year, the rate was 6.37 percent. The 10-year Treasury yield ...
Lance Lambert: Data center construction spending nearly surpasses multifamily construction spending
Lance Lambert highlights that total data center construction spending is approaching the level of multifamily construction spending. According to Lambert, the construction labor market would ...
Average 30-year mortgage rate rises to 7.17 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate in the U.S. stands at 7.17 percent today. This is an increase from 6.35 percent recorded on the same day last year. ...
Lance Lambert: U.S. 30-year mortgage rate rises to 7.17 percent
Lance Lambert reports that the average U.S. 30-year fixed mortgage rate has reached 7.17 percent, marking another 52-week high. On the same day last year, the rate stood at 6.29 percent. The ...
Midwestern housing fundamentals may face limits, Lance Lambert writes
Lance Lambert questions whether Midwestern housing markets, which have outperformed since the end of the Pandemic Housing Boom four years ago, are becoming overheated. He notes that these markets ...
Lance Lambert: Resale transactions remain near historical lows for four years
Lance Lambert highlights that residential resale transactions have been at or near their lowest historical levels for the past four years. He observes that the market has remained within this ...
30-year mortgage rate hits 6.97 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate reached 6.97 percent today, marking another 52-week high. He also highlights that the same-day rate last year was 6.29 percent, ...
