Housing Market
All Reports
July 14, 2022
High mortgage rates are keeping homebuyers on the sidelines, leading to declining home sales and a build-up of supply.
July 14, 2022
Home sellers are contending with apprehensive buyers amid rising mortgage rates and the possibility of an oncoming recession. Price drops have become a common feature of the cooling housing market, particularly in places that were popular with homebuyers earlier in the pandemic. Nearly two-thirds (61.5%) of homes for sale in Boise, ID had a price […]
July 11, 2022
Rent growth is easing as landlords respond to a tightening in tenant budgets brought on by inflation.
The Deal Is Off: Home Sales Are Getting Canceled at the Highest Rate Since the Start of the Pandemic
July 11, 2022
Some homebuyers are backing out of deals as a slowing housing market gives them more room to negotiate. Others are being forced to renege on contracts because higher mortgage rates mean some homes are no longer affordable. Nationwide, roughly 60,000 home-purchase agreements fell through in June, equal to 14.9% of homes that went under contract […]
July 8, 2022
San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market falters, pricing many would-be buyers out of the market. The 10 markets cooling most are all in the western U.S. Housing markets in northern California are cooling faster than anywhere […]
