The housing market is at a turning point this fall. As activity settles back from the pandemic home rush, home sales appear to be plateauing at a higher level than before the pandemic while home prices continue to advance. Despite a limited number of homes available for sale and competitive conditions marked by fast-selling homes, […]
Market News
Market News
Weekly Housing Trends: Week of September 11, 2021
As summer vacations wind down and backpacks and football reappear, the housing market sometimes gets a second wind. In a sign this may be the case, the median asking price bounced back this week as new listings–homeowners putting their home up for sale–also picked up. This could mean more buyers are taking advantage of what’s […]
Weekly Housing Trends: Week of August 21, 2021
Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the ongoing COVID-19 pandemic, we want to give readers more timely weekly updates. Generally, you can look forward to a Weekly Housing Trends View near the […]
Weekly Housing Trends: Week of August 14, 2021
Home prices notched a third week at a single-digit pace after 50 consecutive weeks of growth in the double-digit range. This key buyer-friendly news is tempered by still record-high home prices. Additionally, data suggest that some of the apparent price moderation is due to a shift in what’s selling now. In July we saw an increase […]
Weekly Housing Trends: Week of August 7, 2021
Home prices notched a second week at a single-digit pace after 50 consecutive weeks of growth in the double-digit range. While this marks a key buyer-friendly milestone, home prices remain high and price growth is faster than we typically see. Furthermore, data suggest that some of the apparent price moderation is due to a shift in […]
Weekly Housing Trends: Week of July 19, 2021
At first glance, the housing market seems to be singing the same refrain, not enough homes for sale leads to rising prices, fast selling homes, and frustrated home buyers. On closer inspection, however, the refrain is not exactly on repeat. Although prices continue to rise and there are fewer homes for sale, the number of […]
Weekly Housing Trends: Week of July, 12, 2021
After taking a break before the Independence Day holiday, home sellers were back this week. As we see more sellers, some housing market trends are gradually shifting in buyers’ favor. Although asking prices ticked up, we saw a smaller decline in homes for sale, and time on market was steady–both buyer-friendly trends. Buyers may be […]
Weekly Housing Trends: Week of July 5, 2021
This week’s data point to a return to summer activities beyond the housing frenzy heading into the holiday week. This means fewer new sellers and a slowing, but still unusually high pace of home price growth. For buyers, it’s still a tough housing market demanding quick decisions and top dollar, but the shift in momentum […]
Weekly Housing Trends: Week of June 21, 2021
This week’s data point to an inflection in real estate activity, suggesting that we may have made it past the peak of this hot housing market. Last week marked the first time in almost four months that the decline in time-on-market has moderated, a sign that some properties are sitting slightly longer on listing […]
Weekly Housing Trends: Week of June 14, 2021
This week’s data suggests that the dip in new sellers last week was in fact temporary, with the trend bouncing back this week. On top of this, new sellers and new construction are starting to make an impact on the overall availability of homes for sale. With the number of available homes for sale still […]
