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.

U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.

Housing Supply Hits 6-Year High, Giving Buyers Bargaining Power
Editor’s note: This report has been corrected to ensure data accuracy. An earlier version of this report contained incorrect new listings and active listings data.

Home Sales Drop to Lowest Level in Nearly 2 Years, With Texas and Seattle Driving Decline
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July. Homebuying demand fell most sharply in Texas and Seattle.

U.S. Home Prices Hit All-Time High, Driven in Part By Big Upticks in San Francisco and West Palm Beach
Prices rose 2.2% year over year in June to a record high, mainly because of growing demand. Existing U.S. home sales ticked up to a

Rising Rates Stall Housing Market Momentum Just After Closed Home Sales Hit Highest Level Since 2022
Closed home sales jumped in May, reflecting April’s dipping mortgage rates and a strong labor market. But pending home sales were flat, a real-time reflection

Home Prices Posted the Biggest Increase in Over a Year in April
The median U.S. home sale price rose 2.4% year over year—the largest gain since March 2025. Pending home sales climbed to the highest level since