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Oxford Economics: Mortgage rate spike could translate to 18 million fewer households qualifying for mortgage on median-priced existing home than in 2021; housing crash 'improbable,' but risk of 15% dip in home prices would wipe out US$6.2T of home equity

Meritage Homes released second annual ESG Report; highlights include delivery of 12,801 ENERGY STAR certified homes in 2021, focused on affordability by dedicating 76% of communities to entry-level homes, diversified board based on gender, ethnicity

Pending US home sales decreased in August, down 2.0% from July to 88.4 on NAR's index, down 24.2% year-over-year; three out of four major regions registered monthly decreases, while the West posted a modest gain

US homebuyer affordability improved in August as national median payment applied for fell to US$1,839 from US$1,844 in July; modest improvement due to slightly lower mortgage rates, steady income gain growth: Mortgage Bankers Assn.

US builder confidence in market for newly built single-family homes fell three points to 46 in September, lowest level since May 2014; decline in affordability due to elevated interest rates, material supply chain disruptions and high home prices: NAHB

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