Housing Market News
Housing Supply Is Piling Up As Home Sellers Enter the Market But Buyers Stay on Sidelines
New listings are up 7.4% from a year earlier, while pending sales are down 6%. Sales are slow mostly because of high home prices and
New Listings Post Biggest Increase of the Year While Homebuying Demand Declines, Leading to Big Pool of Supply
The uptick in new listings, along with slow sales, is contributing to a growing pool of supply for homebuyers to choose from. It has also
The Typical Home Is Taking Nearly 2 Months to Sell. That’s The Slowest Pace in 5 Years.
There are more than five months of supply on the market, the most since early 2019. Homes are taking a long time to sell largely
High Housing Payments Are Slowing Home Sales, But Buyers Could Get Relief Soon
In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing. The median U.S. monthly housing payment is $2,686, the
Pending Home Sales Decline Due to High Housing Costs, California Wildfires and Frigid Weather in Other Parts of U.S.
Pending sales posted their biggest decline in over a year this week, as did new listings. But mortgage-purchase applications are on the rise, and mortgage
Home Tours Rise Modestly to Start 2025, But That Hasn’t Translated to More Sales
More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a