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🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
Economists project that sales slowed slightly in January to a seasonally adjusted annual rate of 680,000 homes. The sales pace rose in December. The broader housing market remains tight as consumers face historically high mortgage rates along with strong demand and not enough supply of newly-built and existing homes.
The housing market faces stiff headwinds in 2025. Mortgage rates rose in each of the first three weeks of January and hover near 7%. Many market observers expect Washington policies to keep upward ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$; 1 Hawaii $839,013
By comparing current levels to previous levels that have proven unsustainable in the past (i.e. led to or at least accompanied crashes), one can make an educated guess as to whether a given real estate market is experiencing a bubble. Indicators describe two interwoven aspects of housing bubble: a valuation component and a debt (or leverage ...
The housing market has been effectively stuck since mortgage rates began their swift climb in 2022. Homeowners lucky enough to lock in rates around 3% in earlier years were suddenly reluctant to ...
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