WS1189: Weekly Investor Update (January 16-22, 2022)

MARKET INDICATORS SNAPSHOT WEEKLY Mortgage Rate (30-Year Fixed): 3.7% (as of 1/18) MONTHLY Existing Home Sales: +1.9% (November 2021)New Residential Sales: +12.4% (November 2021)Median Sales Price for New Houses Sold: $416,900 (November 2021)Construction Spending: +0.2% (October 2021)New Residential Construction: 3.6% (November 2021) QUARTERLY Homeownership Rate: +65.4% (3Q21)Rental Vacancy Rate: +6.4% (4Q21) Sources: NAR, BLS, Federal Reserve Bank, MBA HOUSING Housing supply drops to a n...