WS1161: Weekly Investor Update (December 19-25, 2021)

MARKET INDICATORS SNAPSHOT WEEKLY Mortgage Rate (30-Year Fixed): 3.27% (as of 12/22)MONTHLY Existing Home Sales: +1.9% (November 2021)New Residential Sales: +0.4% (October 2021)Median Sales Price for New Houses Sold: $407,700 (October 2021)Construction Spending: +0.2% (October 2021)New Residential Construction: -0.7% (October 2021)QUARTERLY Homeownership Rate: +65.4% (3Q21)Rental Vacancy Rate: +5.8% (3Q21)Sources: NAR, BLS, Federal Reserve Bank, MBA PROPERTY MARKET Real estate market to weat...