Housing Market News

Mortgage Rules Are Hurting Affordable Rentals. Here's What We Can Do.
The riskiest investors aren’t who you might think, Urban Institute research finds.

Homebuyer Demand Ebbs For Fourth-Straight Month
The Redfin Housing Demand Index fell 6.9 percent from a year earlier amid inventory woes.

Redfin Homebuyer Demand Index Down 6% in February After 9 Months of Inventory Declines
Home tours were up 19 percent and offers rebounded 4 percent, but overall homebuyer demand was limited by low supply.
February New Listings Surged 12 Percent, But Overall Inventory Still Falling
Inventory falls to record lows in Seattle, Portland, Louisville and other regions.
2016 is Staged for More Competition as Supply of Homes Dwindles
Demand has outpaced the supply of homes for sale since early 2015, when inventory began to drop sharply in many metro areas while home sales rose, growing nationwide by 9.7 percent overall last year.

Why You Should Buy the Cheapest Home on the Best Block
I bet you think buying an affordable city home requires a sacrifice. Not necessarily.

Pending Home Sales Post Record Drop in October as Deal Cancellations, Price Cuts Hit Record High
The historic slowdown may ease in the coming months if inflation continues to cool. Pending home sales fell the most on record in October and

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.