Housing Market News
Housing Market Update: Demand Declines Ease as Mortgage Rates Steady Around 7%
A few measures of homebuying demand ticked up in the last week of October, a month that saw one-third fewer pending sales than a year earlier.
Housing Market Update: Pending Home Sales Fall 35%, Largest Drop in at Least Seven Years
Fewer homes are pending sale than in any October since at least 2015. Six metro areas are now experiencing year-over-year price declines.
Housing Market Update: Sellers’ Time on Market Doubles From Spring as Buyers Wait for Prices and/or Rates to Come Down
Home sales continue to decline and mortgage applications are at their lowest level in 25 years. U.S. housing market activity is continuing to slow down
Housing Market Update: Economic Woes Exacerbate Slowdown as Rates Reach 20-Year High
Housing-market activity is plunging further this fall than it did over the summer as mortgage rates near 7% and the topsy-turvy economy deters would-be buyers
Housing Market Update: Lurching Mortgage Rates Spook Homebuyers
Home prices remain elevated due to low supply, but early demand signals weakened sharply last week.
Housing Market Update: Typical Homebuyer’s Mortgage Payment Up 15% Since Mid-August
Sellers should adjust their price to stay competitive as mortgage rates approach 7%.
