Housing Market News
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
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

Homebuyer Demand Ebbs For Fourth-Straight Month
The Redfin Housing Demand Index fell 6.9 percent from a year earlier amid inventory woes.

Redfin Homebuyer Demand Index Down 6% in February After 9 Months of Inventory Declines
Home tours were up 19 percent and offers rebounded 4 percent, but overall homebuyer demand was limited by low supply.
February New Listings Surged 12 Percent, But Overall Inventory Still Falling
Inventory falls to record lows in Seattle, Portland, Louisville and other regions.
2016 is Staged for More Competition as Supply of Homes Dwindles
Demand has outpaced the supply of homes for sale since early 2015, when inventory began to drop sharply in many metro areas while home sales rose, growing nationwide by 9.7 percent overall last year.

Why You Should Buy the Cheapest Home on the Best Block
I bet you think buying an affordable city home requires a sacrifice. Not necessarily.

House Hunters Are Ready and Waiting… for Homes to Buy
Homebuyers are shaking off jittery stock markets and rejoicing at falling mortgage rates. The only problem is inventory.