CAR Market Matters

Talking Points Based on signed contracts, year-over-year statewide pending home sales fell for the fifth straight month in May on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* declining 3.9 percent from 123.0 in May 2016 to 118.1 in May 2017....

CAR Market Matters

Talking Points Mortgage applications continued to rise (though only slightly) in the last week, with refinance applications driving the increase again, according to the latest data from the Mortgage Bankers Association.  The MBA’s Market Composite Index, a...