Housing Market News
Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019
The typical home that sold last month went for 1.4% less than its final list price—the biggest September discount in six years—as a slow housing
Housing Supply Drops Most in 2 Years as Sluggish Demand Spooks Sellers
Active listings fell 1.4% in August—the biggest decline since 2023—as homebuying anxiety spilled over to sellers. Mortgage rates dropped to the lowest level in about
Homes Are Selling at the Slowest Summer Pace in a Decade
The typical home that went under contract in July sat on the market for 43 days—the longest July span since 2015—as pending sales hit a
New Listings of U.S. Homes Fall to Lowest Level in Nearly Two Years
Sluggish homebuying demand and a pileup of inventory are deterring prospective home sellers, some of whom are opting to rent their homes out instead of
Home Prices Grow at Slowest Pace in Nearly 2 Years
Home prices, while at a record high for this time of year, are growing at the slowest clip since 2023 because sellers outnumber buyers. Active
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
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
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