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Housing Market

Monthly Market Update

Housing Supply Hits 6-Year High, Giving Buyers Bargaining Power

Editor’s note: This report has been corrected to ensure data accuracy. An earlier version of this report contained incorrect new listings and active listings data. It has been updated throughout to reflect the accute figures. Notably, the original report stated that new listings hit their highest level since 2022 in August; that is no longer […]

History Shows That Adjustable-Rate Mortgages Pay Off For Homebuyers Most of the Time

Over the past half-century, homebuyers would have saved money by choosing an ARM about 70% of the time, thanks to later opportunities to refinance into a lower 30-year fixed rate.  Over the last 50-plus years, it has made financial sense for homebuyers to take out an adjustable-rate mortgage (ARM) rather than a 30-year fixed rate […]

These NYC Suburbs Are The Nation’s Strongest Seller’s Markets

Three of the country’s six seller’s markets are New York City suburbs: Long Island, NY; Northern NJ; and Central NJ.  Long Island is the strongest seller’s market in the country, with 36.2% fewer sellers than buyers, followed by Northern NJ (20.7%). Nearby Central NJ (12.9%) is the 5th-strongest seller’s market.  The proximity these suburbs have […]
Weekly Market Update

Homebuyers Have More Fresh Options Than They’ve Had in 4 Years

Homebuyers are gaining more power, with new listings jumping and demand flat.  Here’s what you need to know about the housing market for the four weeks ending August 30: Fresh listings hit their highest level since August 2022. New listings of U.S. homes for sale rose 2.1% from a week earlier on a seasonally adjusted […]
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