By the Numbers

The Federal Reserve raised the key interest rate by .75% Wednesday, the sixth consecutive rate hike this year.

The return of typical seasonal buying patterns could signal a stabilizing market.

For the first time in 25 years, square footage is priciest in suburban areas.

The average 30-year rate crossed the 7% threshold this week, the highest rate since April 2002.

Zillow looked at home values and median household incomes to come up with the 10 most affordable markets in the country.

The latest data from Case-Schiller and FHFA highlights the slowdown's impact on home prices, with the greatest declines in West Coast markets.

A new report from ATTOM indicates profit margins are starting to come down as interest rates rise and home sales slow.

Higher interest rates for home mortgages are continuing to squeeze buyers, but the Fed says their actions are necessary for economic stability.

An ATTOM report finds that affordability continues to dip in nearly every county, but signs point to a gradual easing and slower rates of home appreciation.

With rising mortgage rates and housing prices that surged during the pandemic, cities that attracted out-of-town buyers are now seeing sharp slowdowns.

Competition among buyers has been on a steady decline since the beginning of 2022, and has now dropped to the lowest rate since the beginning of the pandemic.

With interest rates pushing up mortgage payments, buyers are looking for more affordable housing options — and will relocate to find them.

The housing slowdown, while offering modest relief for buyers, is being offset by high interest rates that are keeping prospective sellers out of the market.

CoreLogic predicts prices will continue to increase year-over-year, but growth will slow considerably in the coming months.