The nation’s housing outlook depends largely on the economy and inflation, analysts say, as the industry closes the book on 2023 and approaches the new year.
Read More »Unseasonable Increase in October Home Inventory
"The current housing market continues to challenge homebuyers and sellers alike, but we do see signs of adjustment," said Danielle Hale, Chief Economist at Realtor.com.
Read More »Home Prices Retreat in Nearly All Major Markets
According to the new Knock Sellers-Buyers Market Index, of the top-100 largest metropolitan markets, 98 of them reported home price declines in September, while 15 markets reported home prices falling by more than 10% from their highs set earlier this year.
Read More »Housing Inventory Holds Steady, Yet 600,000 Units Short
After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing ...
Read More »Hike in Rates Drives Down Mortgage Apps
Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.
Read More »Housing Inventory Dips to Lowest Level in 10+ Years
A new forecast from Zillow predicts home sales will peak during the autumn and begin to moderate into 2021, but will remain above pre-pandemic levels. The coming months ...
Read More »Housing ‘Likely’ Hit Low Point
Forecasts show signs of recovery in April with strengthening possible in May. Home prices, however, hit a new all-time high.
Read More »Home Competition Set to Take Off in 2020
Record-low inventory is causing the number of offers made on available homes to skyrocket, even in some of the most expensive markets.
Read More »Housing Supply Falls to Lowest Level in Two Decades
Buyers not only have to face falling inventory, but home prices saw their highest gain since April 2019.
Read More »For-Sale Home Inventory Falls to New Low
The share of available homes hit its lowest level since 2013 and it could be years until builders can meet growing demands of buyers.
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