Housing Market News
Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346. Many buyers who came off the sidelines
Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in Over a Year and a Half
Pending sales rose 2.5% month over month as mortgage rates hit a two-year low and the Federal Reserve cut interest rates. Rates have since ticked
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Sales of existing homes dropped 1% month over month in August to a seasonally adjusted annual rate of 4 million, while pending sales fell 2%.
Existing Home Sales Rose 0.6% Last Month, But Were At the Lowest July Level on Record
Sales of existing homes fell 2% year over year to a seasonally adjusted annual rate of 4.1 million in July. Pending sales were down 3%
Cold Feet: Buyers Backed Out of Deals at Record Rate in June as Home Prices Hit All-Time High
About 56,000 home purchases were canceled, equal to 15% of homes that went under contract—the highest percentage of any June on record. Buyers are skittish
Home Sales Fell to One of the Lowest Levels on Record in May
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage
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