Housing Market News
Market Tracker
2017 Closed with Strong Home Price Growth, Up 7 Percent in December
2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.
What Happens to the Real Estate Market When Supply Falls for 25 Straight Months?
Home price growth was strong in October, up 7.1 percent compared to a year ago to a national median sale price of $288,000 across the
Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales
Home sales fell 8.1 percent compared to last year, the largest decline posted since July 2016, and the third month in a row with declining sales.
Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent
Home sales in August fell 5.5 percent compared to last year, the largest decline posted since July 2016.
Home Sales Fell 3.5 Percent in July, the 22nd Consecutive Month to Post an Inventory Decline
Home prices increased 6.8 percent from last year
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
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
Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346. Many buyers who came off the sidelines
