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%...
National Housing Report
December 2023 National Housing Report
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...
November 2023 National Housing Report
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...
October 2023 National Housing Report
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...
September 2023 National Housing Report
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...
August 2023 National Housing Report
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 2023 National Housing Report
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 2023 National Housing Report
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,...
May 2023 National Housing Report
May Delivers 20% Increase in Homes Sales Ahead of Peak Months The latest national housing report for May reveals a seasonal, 20% increase in home sales over April, as well as an 8.7% uptick in new listings. While sales are still down 18.7% from last May, solid...
April 2023 National Housing Report
April Sales Decline of 7.6% In Contrast with Seasonal Ramp-Up The seasonal ramp-up to peak summer homebuying did not occur in April as closings dropped 7.6% from March across the report’s 49 metro areas. That came as the Median Sales Price rose 2.3% to $409,000...
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