Housing Market News
Housing Market Update: Median Home Price Up 16% From 2020
Homebuying demand has softened somewhat and the share of home sellers dropping their price each week rose to 5.1%, but pending sales are still 10% above this time last year.
Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
Housing Market Update: Balance is Slowly Returning as Homebuying Demand Moderates
Nearly 5% of listings saw price drops, the highest level since 2019.
Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new
Housing Market Update: Pending Sales Post Smallest Increase in Over a Year
Home-selling speed and competition have passed their record-high peaks, meaning the market is starting to feel slightly more welcoming to buyers. But most homes still
Housing Market Update: Low Mortgage Rates Buoy Prices as Competition Eases
Home prices are still up 20% from a year ago even as fewer homes sell and the ones that do are sitting on the market