By the Numbers

Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.

New construction is influencing affordability in many areas, with the South seeing the biggest benefits.

While they're showing more interest, economic volatility and uncertainty about the future could keep buyers from pulling the trigger on a home purchase.

The nationwide inventory shortage — 3.8 million homes — is reaching a point of no return in some parts of the country though new construction is increasing.

Fannie Mae’s latest sentiment survey shows that more consumers think mortgage rates will rise. And home sales activity is expected to remain “relatively light.”

Home sales could rise if rates continue to drop, but as the economy shows some signs of a weakening, consumers could become more cautious.

The 7-week streak of declines could “spur on the housing market” this spring — but so far, sales lag behind last year’s pace as economic uncertainty looms.

Rates fell to the lowest level in two months — good news for affordability — but pending sales also dipped, and declining confidence may keep buyers sidelined.

After a brief COVID bounce, the share of people who own their homes has settled in around 65%, a recent report found. But it can vary widely by state and city.

Prices are still going up, but 2024 ended with just 4.5% annual growth. Regionally, the Northeast is still going strong, while the Sunbelt has cooled.

Following years of declines, the square footage of single-family home starts was up at the end of 2024. If mortgage rates ease, that trend could continue.

Bright MLS launches a new site with housing market data for the nation’s capitol. Plus, inland condo prices rise in Florida, and new home sales dip in Texas.

While down sharply from December, sales are off to a better start vs. 2023 — and buyers who can handle elevated rates have fresh inventory to choose from.

Rates have dipped slightly, but demand is weak. Agents hope rising inventory and increased bargaining power will prompt more buyers to move forward this spring.

In several metros in the Midwest and South, Gen Z accounted for a fifth of the mortgage applicants. Home prices in those markets were typically below $300K.

Housing starts fell in January, and builders are less optimistic about the next six months as new federal policies could increase costs and reduce workforces.

Demand is weak, rates remain elevated and sellers appear weary — but buyers may return to the market this spring to take advantage of “deals on the margins.”

The latest CPI data suggests rates will remain elevated heading into the spring shopping season, and some analysts now expect just one rate cut this year.

The price of building materials could rise by an additional 4-6% in the next 12 months, or 10% overall, according to a new report from CoreLogic.

The latest employment report was mixed, but stronger wage growth means rate cuts will probably remain paused through the spring homebuying season.