Housing Market News

Pending Home Sales Rise to Highest Level in a Year
New listings were near their six-month high in October, helping drive an increase in pending sales, though buyers backed out of deals at the highest

New Listings and Pending Sales Ticked Up in September, But Deals Fell Through at Highest Rate in Almost a Year
New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices. Pending sales

Home Purchases Fell Through at the Highest Rate in Nearly a Year in August
Some homebuyers got cold feet as mortgage rates hit the highest level in over two decades and prices continued to rise, but buyer demand and

Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low
Pending sales have stabilized following months of steep declines, but homebuyer demand remains below pre-pandemic levels as house hunters grapple with elevated mortgage rates, high

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the

There Were Fewer Homes for Sale in May Than Any Other Month on Record
The pool of homes for sale is shrinking because homeowners feel trapped by rising mortgage rates, with new listings down 25% to the third lowest
Home Prices and Buyer Competition Hit New Highs in June as Inventory Drought Dragged into 21st Consecutive Month
The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded
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.