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

US Housing Market Reverses Course in March with Coronavirus Shutdowns
At the beginning of March, the housing market was stronger than ever and the U.S. economy was relatively stable. By the end of March everything had been thrown into extreme disarray.

Five Charts That Show What’s Happening in the Housing Market Right Now
As the US housing market grows accustomed to a new reality under the coronavirus quarantine, homes are sitting on the market for longer and growth in home prices has hit zero

6 Charts That Show What’s Happening in the Housing Market Right Now
Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.

11 Charts That Show How the Coronavirus Is Impacting the Housing Market
The impacts of the coronavirus pandemic are rippling through nearly every segment of the economy and the housing market is no exception.

Going Into the Coronavirus Crisis, the U.S. Housing Market Was Stronger Than Ever
U.S. home-sale prices increased 6.6% year over year in February to a nationwide median of $293,700.

Home Prices Rose 7% in January, Housing Supply Fell 11%
U.S. home-sale prices increased 6.7% year over year in January to a median of $306,400 across the 217 metros Redfin tracks.