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The Office of the Chief Economist works on critical research and insights to gauge the temperature of the housing market as a whole. From home price analyses to home equity, from loan performance to single family rent evaluations, they keep tabs on the movement and fluctuation of bellwether metrics that can inform the trajectory of the housing economy–and consequently affect the homeowners who participate in it.
The median home sales price in Southern California in September was $765,000 an annual gain of 5.5%.
U.S. home price gains eased again in September.
U.S. mortgage delinquency rates were up slightly from a year earlier in August.
Annual U.S. single-family rent growth remained below 3% in August
Home prices dipped below 4% on an annual basis in August, with more cooling expected in the coming months.
Ongoing home price appreciation helps homeowners fund unexpected costs, home equity lending is growing, and HELOC activity is decreasing.