A monthly update of housing market supply, demand, and prices.
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 »
Still, homes sold at their fastest pace and for their highest prices on record.
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
Over Half of Homes Sold Above List Price in May for the First Time On Record Read More »
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of homes sold above list price. These and several other record-breaking measures made April a historic month for housing. Note: Pandemic lockdowns significantly slowed homebuying and selling in April 2020, which
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less Read More »