By the Numbers

Sellers in mostly white areas lose nearly $4K per home, Zillow found. A senior economist said the trend threatens to return real estate to “the dark ages.”

Though the stage is set for a strong rebound, one important factor needs to change in order to unleash an anticipated flurry of market activity.

Much of the latest economic and market data falls into the "good news, bad news" category, but improved home sales and stable mortgage rates offer hope.

Economic factors could cause the Federal Reserve to change course, but heading into the spring homebuying season, mortgage rates are likely to remain stable.

While housing starts rebounded from a sluggish January, permits and completions have slowed and builder sentiment is souring.

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.