Housing Market News
Market Tracker
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline
The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel.
Home Sales Fell 4% in March as Buying Costs Shot Up
The hottest March on record ended with early signs of a cooldown as more buyers were edged out by soaring mortgage rates, sky-high prices and
Home Prices Soar Faster to a New High in February
Record-low supply spurs unprecedented winter homebuying competition.
Newly Listed Homes in Short Supply, Down 12% in January
Home sales posted strong monthly gains despite rising mortgage rates and record-low supply.
Stifled By Supply Shortage, Home Sales Post Largest Monthly Decline Since Pandemic Onset
Housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales.
November Marked a New Low for Home Supply
Home prices rose 15% from a year earlier, just shy of their all-time high.
Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply
U.S. Homes Are Selling at the Slowest Pace in 6 Years
The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic
Home Prices Are Rising Fast in the Midwest
Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A
January Brought More Homes for Sale. Few Were Bought.
Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales dropped 4.5% from November as mortgage rates jumped to the highest level in months. Roughly 40,000 home purchases were called off in
Existing Home Sales Rise to Highest Level in Over a Year and a Half
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
