Housing Market News
Housing Payments Drop to Lowest Level in 2 Years As Mortgage Rates Decline
Despite lower monthly mortgage payments, a holiday hangover is muting homebuying demand. The median U.S. monthly housing payment fell to $2,365 during the four weeks
Pending Home Sales Fall 6%, the Biggest Drop in Nearly a Year
House hunters are retreating amid high housing costs and a seasonal slowdown, leading prospective sellers to pull back, too. U.S. pending home sales fell 5.8%
New Listings Post Sharpest Drop in 2 Years, Tightening Housing Supply
Would-be home sellers and buyers are retreating as we enter the holiday season, with both new listings and pending sales falling. New listings of U.S.
Inventory Growth Loses Steam As Would-Be Sellers React to Lackluster Homebuying Demand
Even though mortgage rates have come down from their peak, housing costs are still too high for many would-be buyers. Housing inventory is losing momentum,
Rising Home Prices, Economic Volatility Curb Would-Be Buyers’ Appetites in Leadup to Thanksgiving
U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread
Home Prices Post Biggest Gain in 7 Months Despite Slow Demand
Would-be homebuyers are sitting on the sidelines, wary of economic uncertainty and still-high housing costs. A dwindling pool of supply is propping up prices. The