National Housing Report

Inventory Continues to Increase Amid Modest Median Price Growth and Home Sales Decline June home sales declined 7.2% from May’s strong showing and were down 11.6% year over year – atypical considering June historically has more sales than May. Across the 50 metro...

Inventory Jumped 40%, Home Prices Increased 5%, Sales Exceed 2023 Pace In May, both inventory and new listings grew to levels not seen since the second half of 2022.  The number of homes for sale, as surveyed across 53 metro areas, also increased, rising 8.7% over...

Sales Increase for Third Consecutive Month, New Listings Far Ahead of Last Year April, the gateway to what are traditionally the busiest months for home sales, has set the stage nicely with closings increasing 11.2% over March and 9.0% over last April. Sales have...

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...