housing inventory News

June Sees a Slight Uptick in US New Home Sales Amidst Yearly Decline

In June, US new home sales saw a 0.6% monthly increase but a 6.6% yearly decline, with median and average sales prices at $401,800 and $501,000 respectively, and a 9.8-month supply...

June Sees a 2.7% Dip in US Existing Home Sales Amid Record High Prices

US existing home sales fell by 2.7% in June, with prices hitting a record high. Inventory shows mixed trends, as homeowner wealth continues to grow significantly.

February Sees a 4.2% Surge in US Existing Home Sales Amid Market Adjustments

In February, US existing home sales increased by 4.2% monthly but decreased by 1.2% year-over-year. The median sales price rose to $398,400, with total housing inventory growing si...

Historic Drop: Mortgage Rates Hit Two-Month Low, Sparking Homebuyer Interest

Freddie Mac reports a significant drop in 30-year and 15-year fixed-rate mortgage rates, marking the lowest levels since December 2024. This decline, alongside improving housing in...

December Sees a 3.6% Surge in US New Home Sales, Signaling Strong Market Momentum

US new home sales in December 2024 showed a 3.6% increase from the previous month and a 6.7% rise year-on-year, with median and average sales prices at $427,000 and $513,600 respec...