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
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.