Home Prices Fell 1% in February—First Annual Drop Since 2012
March 17, 2023
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly
Most Recent
Nearly Half of Home Sellers Are Making Concessions to Woo Buyers
March 15, 2023
Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey
Rental Market Tracker: Rents Drop to Lowest Level in a Year
March 10, 2023
The median U.S. asking rent is up just 1.7% from a year ago—the smallest gain since May 2021—as landlords grapple with vacancies due to still-high
Luxury-Home Purchases Sink a Record 45% to the Second-Lowest Level on Record
March 10, 2023
That outpaces the record 37% decline in sales of non luxury homes. The supply of luxury homes for sale is also near historic lows. Sales
There Were Half as Many Affordable Homes for Sale in 2022 as There Were in 2021
March 3, 2023
1 in 5 home listings was affordable for the typical U.S. household, down from 2 in 5 in 2021. White households had three times as
Market Recovery Hampered by High Housing Costs, Low Supply in January
February 24, 2023
Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home
Most Recent
Home Prices Fell 1% in February—First Annual Drop Since 2012
March 17, 2023
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly
Nearly Half of Home Sellers Are Making Concessions to Woo Buyers
March 15, 2023
Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey
Rental Market Tracker: Rents Drop to Lowest Level in a Year
March 10, 2023
The median U.S. asking rent is up just 1.7% from a year ago—the smallest gain since May 2021—as landlords grapple with vacancies due to still-high
Luxury-Home Purchases Sink a Record 45% to the Second-Lowest Level on Record
March 10, 2023
That outpaces the record 37% decline in sales of non luxury homes. The supply of luxury homes for sale is also near historic lows. Sales
There Were Half as Many Affordable Homes for Sale in 2022 as There Were in 2021
March 3, 2023
1 in 5 home listings was affordable for the typical U.S. household, down from 2 in 5 in 2021. White households had three times as
Market Recovery Hampered by High Housing Costs, Low Supply in January
February 24, 2023
Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home