What's Happening In The Market? November Update Please note: this SFAR data is for October 2023 U.S. sales of existing homes recently fell to a 13-year low, dropping 2.0% month-over-month and 15.4% year-over-year as of last measure, according to the National Association of REALTORS® (NAR), as...
Read MoreWhat's Happening In The Market? October Update Please note: this SFAR data is for September 2023 National sales of existing homes recently fell to a 7-month low, as surging borrowing costs, rising sales prices, and limited inventory continue to keep many would-be buyers out of the...
Read MoreWhat's Happening In The Market? September Update Please note: this SFAR data is for August 2023 Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity during the summer homebuying season. The average 30-year fixed-rate mortgage...
Read MoreWhat's Happening In The Market? August Update Please note: this SFAR data is for July 2023 Affordability constraints have continued to limit homebuying activity this summer, with existing-home sales falling 3.3% month-over-month nationwide as of last measure, according to the National Association of REALTORS® (NAR). Mortgage rates...
Read MoreWhat's Happening In The Market? July Update Please note: this SFAR data is for June 2023 Temperatures are heating up, yet the U.S. housing market remains cooler than usual for this time of year due to a combination of low inventory and higher borrowing costs, which...
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