Housing Market News

U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.

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.

Home Sales Drop to Lowest Level in Nearly 2 Years, With Texas and Seattle Driving Decline
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July. Homebuying demand fell most sharply in Texas and Seattle.

U.S. Home Prices Hit All-Time High, Driven in Part By Big Upticks in San Francisco and West Palm Beach
Prices rose 2.2% year over year in June to a record high, mainly because of growing demand. Existing U.S. home sales ticked up to a

Rising Rates Stall Housing Market Momentum Just After Closed Home Sales Hit Highest Level Since 2022
Closed home sales jumped in May, reflecting April’s dipping mortgage rates and a strong labor market. But pending home sales were flat, a real-time reflection

Home Prices Posted the Biggest Increase in Over a Year in April
The median U.S. home sale price rose 2.4% year over year—the largest gain since March 2025. Pending home sales climbed to the highest level since

Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived
Pending sales rose 3% from September as early indicators of demand are strengthening.

Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.

Home Sales Fell 6% in August, the First Annual Decline in 15 Months
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.

July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.

Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.

Over Half of Homes Sold Above List Price in May for the First Time On Record
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.