Housing Market News
Market Tracker
May Housing Market Set New Records for Low Supply, Speed and Competition
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a
Homes Sold Faster Than Ever in April; Prices Marched Upward
The typical home that sold last month went under contract in just 40 days, and the market is likely to accelerate further
Home-Seller Confidence Blooms this Spring
The strong March housing market was followed by a significant boost in home-seller confidence this April.
Home Sales and Prices Pick Up Steam as Supply Shortage Continues into Spring
The housing market was off to a strong start in March with rising prices and healthy home sales
Home Prices Jumped in February as Sales were Constrained by a Double-digit Inventory Dip
With rising home prices and increasing competition, the early season housing market is showing strong signs of demand dampened by poor supply.
Home Prices and Sales Showed Steady Growth in January While Inventory Continued to Decline
While housing inventory continued to decline, January home prices and sales both increased
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.
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
