Housing Market News

Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago
Pandemic boomtowns and pricey coastal markets are seeing historic home-price declines. Nationwide, the median home sale price dropped nearly $18,000 from a year earlier in

Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade
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

Home Prices Fell 1% in February—First Annual Drop Since 2012
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly

Market Recovery Hampered by High Housing Costs, Low Supply in January
Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home

Pending Home Sales Rise for First Time in 14 Months
Pending sales increased 3% in December from the month before, the first monthly gain since October 2021. But sellers remained on the sidelines, with new

Home Sales Slumped 35% in November, the Biggest Decline on Record
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back

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

March Was the Hottest Month in Housing History
Home prices rose 17% from a year ago in March as days on market, share of homes sold above list, and average sale-to-list price ratio all marked new records.

36% of Homes Sold Above List Price in February, the Highest Share on Record
The national median home-sale price rose 14.4% year over year to $336,200 in February, the largest increase seen since July 2013.

Housing Market Stayed Hot in January as Home Prices Rose 14% and Sales Surged 20%
The US housing market stayed unusually strong through January, with home prices rising 14% and sales climbing 20%.

Home Prices Rose 13% in December, Sales Up 16%
The national median home price rose 13% year over year to $334,300 in December, while homebuying demand barely slowed.

Home Prices Soared 14% in September, a Record-Setting Month for Price, Sales and Speed
Home prices skyrocketed more than 14% year over year in September, the biggest increase on record. The real estate market also experienced historically high sales