Housing Market News

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.

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