What'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...
Read MoreWhat's Happening In The Market? June Update Please note: this SFAR data is for May 2023 Existing-home sales slid for the second consecutive month, falling 3.4% nationwide as of last measure, according to the National Association of REALTORS® (NAR), as higher interest rates continue to impact...
Read MoreWhat's Happening In The Market? May Update Please note: this SFAR data is for April 2023 U.S. existing-home sales declined 2.4 percent month-over-month as of last measure, according to the National Association of REALTORS® (NAR), reversing February’s sales gain of 14.5%. Fluctuations in mortgage interest rates have...
Read MoreWhat's Happening In The Market? April Update Please note: this SFAR data is for March 2023 Nationally, existing home sales jumped 14.5% month-over-month as of last measure, the first monthly gain in 12 months, and representing the largest monthly increase since July 2020, according to the...
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