Housing Market
All Reports
April 19, 2023
Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines. In many more affordable areas, prices continued to climb. Pending home sales dipped to the lowest level since the start of the pandemic as elevated mortgage rates curtailed buyer demand and a lack of homes for sale limited […]
April 14, 2023
The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and Cleveland experienced the biggest gains. The median U.S. asking rent fell 0.4% year over year to $1,937 in March. That’s the first annual decline since March 2020—when the coronavirus was […]
April 13, 2023
New listings of homes for sale are down 25% from a year ago, marking the eighth straight month of double-digit declines. That’s making it difficult for buyers to find homes but giving some sellers a competitive edge. New listings of U.S. homes for sale dropped 25% from a year earlier during the four weeks ending […]
April 10, 2023
The number of people locking in mortgages for second homes dropped to its lowest level since 2016 in February and remained nearly as low in March. Prospective second-home buyers are deterred by high costs, a slowing short-term rental market and the declining prevalence of remote work. Mortgage-rate locks for second homes were down 52% from […]
April 6, 2023
Limited new listings are making it feel like a seller’s market in some parts of the U.S. even though sales are down by double digits. But some markets still feel cool, with for-sale homes lingering on the market. If it feels like there aren’t enough homes on the market for the people who want to […]
