Housing Market News
Market Tracker
Pending Home Sales Post Record Drop in October as Deal Cancellations, Price Cuts Hit Record High
The historic slowdown may ease in the coming months if inflation continues to cool. Pending home sales fell the most on record in October and
Home Sales, Listings Plunge Over 20% in September—Most on Record Aside From Pandemic Start
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to
Prospective Home Sellers and Buyers Retreated as Mortgage Rates Approached 6%
New listings fell 8% in August to their lowest level since May 2020. Prior to the onset of the pandemic, the last time so few homes hit the market was August 2012.
July Home Sales Dropped 19% Year Over Year to Lowest Level Since Mid-2020
Buyers backed off amid high mortgage rates and economic uncertainty. New listings were also down, with some prospective sellers staying put as price growth slowed.
Home Supply Is Up For The First Time In Nearly 3 Years
High mortgage rates are keeping homebuyers on the sidelines, leading to declining home sales and a build-up of supply.
Home Sales Post Rare May Decline as Mortgage Rates Rise
Home sales fell in May for only the second time on record, while home prices saw the smallest May increase on record.
U.S. Home Prices Resume Growth, Up 2.8% in April
U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, to a median of $307,600 across the metros Redfin tracks.
Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March
Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home
Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012
Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased
More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than
Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red
Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015 The housing market
Homes Staying on the Market for a Month Longer Than Last Year in San Jose, Portland, and Seattle
Homes for sale are taking longer to find buyers this January for the first time in three years. Typical home nationwide was on the market
