Housing Market News
Market Tracker
May Housing Market Set New Records for Low Supply, Speed and Competition
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a
Homes Sold Faster Than Ever in April; Prices Marched Upward
The typical home that sold last month went under contract in just 40 days, and the market is likely to accelerate further
Home-Seller Confidence Blooms this Spring
The strong March housing market was followed by a significant boost in home-seller confidence this April.
Home Sales and Prices Pick Up Steam as Supply Shortage Continues into Spring
The housing market was off to a strong start in March with rising prices and healthy home sales
Home Prices Jumped in February as Sales were Constrained by a Double-digit Inventory Dip
With rising home prices and increasing competition, the early season housing market is showing strong signs of demand dampened by poor supply.
Home Prices and Sales Showed Steady Growth in January While Inventory Continued to Decline
While housing inventory continued to decline, January home prices and sales both increased
Home Sales, Listings Plunge Over 20% in September—Most on Record Aside From Pandemic Start
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to
Prospective Home Sellers and Buyers Retreated as Mortgage Rates Approached 6%
New listings fell 8% in August to their lowest level since May 2020. Prior to the onset of the pandemic, the last time so few homes hit the market was August 2012.
July Home Sales Dropped 19% Year Over Year to Lowest Level Since Mid-2020
Buyers backed off amid high mortgage rates and economic uncertainty. New listings were also down, with some prospective sellers staying put as price growth slowed.
Home Supply Is Up For The First Time In Nearly 3 Years
High mortgage rates are keeping homebuyers on the sidelines, leading to declining home sales and a build-up of supply.
Home Sales Post Rare May Decline as Mortgage Rates Rise
Home sales fell in May for only the second time on record, while home prices saw the smallest May increase on record.
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.
