Housing Market News
Market Tracker
Home Sales Fell to One of the Lowest Levels on Record in May
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage are deterring buyers. The median U.S. home sale price hit a record high in May as demand continued to outpace supply, with the number of homes for sale roughly 25%
U.S. Home Prices Hit an All-Time High in April
The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes for sale hit a four-year high, but that’s partly because some houses are sitting stale on the market after being priced too high. 18% of homes for sale in April
Home Prices Stagnate in Florida and Texas as Supply Soars
The number of homes for sale in Cape Coral, FL and North Port, FL surged roughly 50% from a year earlier in March—more than anywhere else in the country. And in McAllen, TX, supply jumped 25%. Housing supply is soaring because both states have been building a lot of homes, which is limiting home price
New Listings Rose to the Highest Level in 17 Months in February
Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing costs mean many house hunters remain hesitant to commit. New listings jumped 3.8% month over month on a seasonally adjusted basis in February—the biggest increase in six months—to the highest
Housing Market Activity Lost Steam in January as Mortgage Rates Stopped Falling and Prices Kept Rising
New listings dropped for the first time since June and pending sales growth slowed; stagnating mortgage rates and the biggest home-price jump in over a year caused the market to lose momentum. Housing market activity stalled slightly in January as mortgage rates stopped falling, housing costs climbed and buyers and sellers grappled with worse-than-expected winter
Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008. Sellers also came off the sidelines, but not with as much force; new listings rose 0.1% to the highest level since September 2022. Prices jumped 4%, the most in over a year, as buyers competed for a still-limited pool
Home Sales Fell to One of the Lowest Levels on Record in May
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage are deterring buyers. The median U.S. home sale price hit a record high in May as demand continued to outpace supply, with the number of homes for sale roughly 25%
U.S. Home Prices Hit an All-Time High in April
The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes for sale hit a four-year high, but that’s partly because some houses are sitting stale on the market after being priced too high. 18% of homes for sale in April
Home Prices Stagnate in Florida and Texas as Supply Soars
The number of homes for sale in Cape Coral, FL and North Port, FL surged roughly 50% from a year earlier in March—more than anywhere else in the country. And in McAllen, TX, supply jumped 25%. Housing supply is soaring because both states have been building a lot of homes, which is limiting home price
New Listings Rose to the Highest Level in 17 Months in February
Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing costs mean many house hunters remain hesitant to commit. New listings jumped 3.8% month over month on a seasonally adjusted basis in February—the biggest increase in six months—to the highest
Housing Market Activity Lost Steam in January as Mortgage Rates Stopped Falling and Prices Kept Rising
New listings dropped for the first time since June and pending sales growth slowed; stagnating mortgage rates and the biggest home-price jump in over a year caused the market to lose momentum. Housing market activity stalled slightly in January as mortgage rates stopped falling, housing costs climbed and buyers and sellers grappled with worse-than-expected winter
Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008. Sellers also came off the sidelines, but not with as much force; new listings rose 0.1% to the highest level since September 2022. Prices jumped 4%, the most in over a year, as buyers competed for a still-limited pool
United States
Canada