Housing Market News
Housing Market Update: Early Stage Demand Picks Up as Mortgage Rates Fall to a Four-Month Low
Measures of homebuyer activity such as online searches, requests for tours and agents’ help, and mortgage applications rose as mortgage rates fell below 5%.
Housing Market Update: Uptick in Searches and Tours Highlight Buyers’ Mortgage-Rate Sensitivity
Since mortgage rates came down from their June high, measures of early demand like online real estate searches and home tours have ticked up and/or stabilized.
Housing Market Update: Homes Are Taking Longer to Sell
Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling.
Housing Market Update: Prices Begin to Fall from Record Highs
Inflation and high mortgage rates are taking a bite out of homebuyer budgets, leading to fewer sales and supply gains.
Housing Market Update: Balance Is Returning to the Housing Market as Competition Eases
Homebuyers are getting some relief as sellers slash their prices at a record rate and mortgage rates drop following months of increases.
Housing Market Update: Asking Prices Come Down from All-Time High
A record-high share of home sellers are dropping their prices after this month’s historic mortgage-rate hike put a damper on homebuyer activity.