Housing Market

U.S. Home Prices Grew 0.4% in February, the Slowest Pace Since July

Home prices grew 0.4% month over month in February, the slowest pace since July 2024. On a year-over-year basis, home prices rose 5.1%.  It was the 10th consecutive month that annual growth had slowed. Eight of the 50 most populous U.S. metros—nearly all in Florida and Texas—recorded a drop in home prices year over year, […]
Monthly Market Update

Home Prices Are Rising Fast in the Midwest

Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A housing shortage is prompting buyers to bid up prices. Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023. The typical U.S. home that […]
Luxury Market

Here Are the 10 Most Expensive Home Sales of February

Most of February’s most expensive home sales were in beachfront Florida, with properties in Southern California and Manhattan rounding out the list.  Coastal Florida was home to seven of the 10 highest-priced U.S. home sales of February. Two estates in Southern California and one penthouse in New York City rounded out the list. All sold […]
Weekly Market Update

More People Are House Hunting and Applying For Mortgages as Rates Decline

Prospective homebuyers are hitting the pavement as rates drop to their lowest level since mid-December. But that hasn’t yet translated to sales. More house hunters are touring homes as mortgage rates decline. Mortgage-purchase applications rose 7% this week to their highest level since the start of February as weekly average mortgage rates dipped to their […]
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