A monthly update of housing market supply, demand, and prices.
Housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales.
Stifled By Supply Shortage, Home Sales Post Largest Monthly Decline Since Pandemic Onset Read More »
Home prices rose 15% from a year earlier, just shy of their all-time high.
November Marked a New Low for Home Supply Read More »
Pending sales rose 3% from September as early indicators of demand are strengthening.
Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived Read More »
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.
Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales Read More »
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.
Home Sales Fell 6% in August, the First Annual Decline in 15 Months Read More »
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
July Marked 12 Straight Months of Double-Digit Price Increases Read More »
