National Housing Report

Inventory Continues to Grow as Seasonal Slowdown Hits New Listings and Home Sales November brought the expected seasonal cooling to the U.S. housing market, with fewer new listings and home sales compared to October as inventory levels remained elevated. Although the...

Home Sales Rise Year Over Year as Market Adjusts to Longer Selling Times October brought encouraging signs for the housing market, with home sales up 3.2% compared to October 2024 across 51 metro areas surveyed. It was the fifth month in 2025 where sales exceeded last...

Inventory Continues to Outpace 2024 Levels, Buyers Pay Less for Third Straight Month Inventory was 20% higher year-over-year – as September became the 21st consecutive month of annual growth. Home sales in September were 8.5% higher than a year ago, marking the fourth...

Home Sales Ease as New Listings Growth Streak Ends; Prices Rose Slightly Year Over Year U.S. home sales dipped in August, falling 1.6% from August 2024 and 5.5% from July 2025. The slowdown coincided with the end of a 17-month streak of year-over-year growth in new...

July’s Home Sales Match 2024 Levels But Take Longer to Sell After five consecutive months of gains, U.S. home sales dipped slightly in July, falling 0.7% below June’s total. Compared to July 2024, sales were up 0.6%, but homes took longer to sell—averaging 44 days on...

June Delivers Growth in Sales, Prices and Inventory June 2025 marked the fifth consecutive month of increased home sales across the 50 metro areas surveyed. Sales activity in June edged up 1.3% from May 2025 and rose 5.7% compared to June of last year. Inventory...

Home sales rise again in May but still trail 2024 levels. For the fourth consecutive month, homes sales rose in May, increasing 8.6% from April, and sales remained below 2024 levels, with May sales finishing 3.5% lower year over year. Across the 52 metro areas...

April Home Sales and Inventory Up Over March Totals   April home sales grew 11.3% over March but were 1.4% lower year over year. The month-over-month home sales growth continued a steady trend since January for the 51 metro areas surveyed. New listings rose 6.2%...

March Home Sales Jump 23% over February as Inventory Mounts, Prices Rise   March, a pivotal month in the seasonal ramp-up of home sales toward the peak summer selling months, did not disappoint. March sales increased 23.0% over February, marking the largest...

February Increase in Home Sales Sets Stage for Spring Market; Median Price Inches Up February 2025 home sales increased 8.4% over January – about half of the month-to-month average sales increases seen in the previous two Februarys, and down 2.6% from sales one year...