National Housing Report

Inventory Gains and a Surge of New Listings Highlight a March in Which Sales Climbed from February 2024 But Trailed March 2023 Home sales in March increased 21.6% over February while trailing the March activity of a year ago. At the same time, a 20.9% surge in new...

With the annual spring homebuying season coming quickly, home sales ramped up in February and spiked 17.0% from January, with a 2.3% increase from February 2023. Of those sales, buyers paid more. The median home price of $412,000 rose 2.1% from January – and 7.0% year...

New Listings Soar Higher as Spring Ramp-Up Approaches In what could be a good sign for buyers, the number of newly listed homes in January was a whopping 66.3% higher than in December and 21.5% higher than January 2023 across the 50 metro areas surveyed. The 21.5%...

Home stretch of 2023 features familiar end-of-year dynamics December 2023 exhibited a traditional end-of-year slowing in housing market activity, punctuated by many similarities to December 2022. Three metrics showed no change year over year: • Homes sold were on the...

Home Prices Ease Amid Declining New Listings, Sales, Inventory Posting the lowest Median Sales Price in eight months, November home sales dropped from October levels and the number of homes for sale fell slightly. Indicative of the usual year-end slowdown, home sales...

Seasonal declines in home sales and new listings softened in October while inventory grew for a seventh consecutive month across the 53 metro areas surveyed.  Home sales dropped 4.6% from September to October, far less than the 13.5% month-over-month drop in October...

Inventory Grows for Sixth Straight Month While Sales Decline The number of homes on the market grew month over month for a sixth consecutive month in September as sales declined 13.8% from August and 17.0% from a year ago. The 9.3% increase in inventory was the...

Home Sales and New Listings Both Increase as Summer Winds Down New listings rose 1.8% sequentially in August, bucking the typical July-to-August seasonal trend of decline. Last year, new listings declined 12.8% in August, the second month in a streak of six...

July Sales Down but Inventory is Up, Sellers Get Their Asking Price July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper. Growth in the inventory of homes for sale inched up...

June Home Sales Tick Up Over May June posted month-over-month increases in home sales (up 5.4% from May) and inventory (up 7.2%) while year-over-year activity continued to trail the strong results of early 2022. June 2023 home sales were 18.7% below last June's,...