Housing Market News
Housing Market Update: Typical Home Now Sells For Less Than Asking Price
The average sale-to-list ratio fell below 100% for the first time since March 2021 and the share of homes with a price drop came down from its record high.
Housing Market Update: More Sellers Retreat Amid Falling Prices, Volatile Mortgage Rates
Would-be sellers are reluctant to list their homes as they have begun to see prices come down. With few new listings, buyers’ newfound bargaining power
Housing Market Update: Slowdown Starts to Ease as Drop in New Listings Hampers Supply
A number of metrics that reflect a cooling market are now leveling off—among them, housing supply and the share of sellers slashing their list prices—as
Housing Market Update: Newly-Listed Homes Fall Most Since 2020 as Sellers Pull Back
New listings are down 12% from a year ago as sellers respond to waning homebuyer demand. Still, overall housing supply is on the rise…
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.