Housing Market
All Reports
April 20, 2022
With sky-high prices and rising mortgage rates, each square foot of space costs more than ever before. Buyers are compromising by turning to smaller homes. Americans are buying smaller homes than they were at the height of the pandemic. The typical U.S. home that went under contract in March was 1,720 square feet, down 1.8% […]
April 20, 2022
Rising monthly mortgage payments—up 34% from a year ago, due largely to rising interest rates--are pricing more people out of the homebuying market, which could lead to even more increases in rents.
April 19, 2022
With mortgage rates surging, some homeowners who would otherwise be selling are staying put, as moving could mean losing their ultra-low rate and getting stuck with a heftier housing bill. About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%. About one-third (32%) of all homeowners—including […]
April 15, 2022
The hottest March on record ended with early signs of a cooldown as more buyers were edged out by soaring mortgage rates, sky-high prices and few new listings. It was the hottest March ever for the housing market, with homes selling at their fastest pace and for more above list price than any other March […]
April 14, 2022
Early indicators of homebuyer activity falter further as mortgage rates shoot up.
