Housing Market
All Reports
October 20, 2022
Home sales continue to decline and mortgage applications are at their lowest level in 25 years. U.S. housing market activity is continuing to slow down as mortgage rates sit at a 20-year high. Pending home sales and new listings both saw their biggest year-over-year drops since the start of the pandemic, dipping to levels roughly […]
October 19, 2022
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to persistent tight supply and inflation. About 60,000 deals were called off, equal to 17% of homes that went under contract—the highest share on record aside from March 2020. A record […]
October 18, 2022
As home prices fall fastest in cities and mortgage rates rise, the value of a square foot in the suburbs has caught up with that of urban centers. Price per square foot has declined 6% in urban parts of San Francisco, the biggest dip in the U.S. Overall, it has dropped in nine of the […]
October 13, 2022
Housing-market activity is plunging further this fall than it did over the summer as mortgage rates near 7% and the topsy-turvy economy deters would-be buyers and sellers. Price drops have reached a record high, and home sales and new listings are dropping. The housing market is taking a second hit this month as increasing economic […]
October 13, 2022
Rents rose 9% year over year in September—the first single-digit increase in a year and a marked slowdown from 18% growth in March. Inflation and economic uncertainty are prompting Americans to hold off on significant financial decisions like moving. The median U.S. asking rent rose 9% year over year in September to $2,002, the slowest […]
