By the Numbers

The Case-Shiller and FHFA housing indices for December showed further cooling of home prices in all metros.

NAR's monthly report found that as mortgage rates declined in January, pending home sales moved upward.

Relative to overall home values, Black home values fared well in recent years according to Zillow data. But the racial homeownership gap remains wide.

A new Redfin report found the total value of U.S. homes has dropped $2.3 trillion since June 2022, with the biggest declines in the San Francisco Bay Area.

Mortgage interest rates climbed again this week, with the daily rate approach levels not seen since November.

The government announced a plan to cut mortgage insurance rates by 0.3 percentage points, which could save eligible homeowners an average of $800 a year.

Sales of existing homes fell again in January, but the slower rate of declines suggests the market is "bottoming out."

An upward trend in mortgage rates, after weeks of declines, has raised concerns about whether buyers will return. But pent-up demand may push them to act.

A recent report found a record drop investor purchases as interest rates rose and prices began to decline.

Interest rates are up for the second week in a row, and signs point to further bumps. This could put a damper on the spring selling season.

The number of distressed properties remains well below pre-pandemic levels, thanks to a strong job market and federal moratoriums, but they're creeping up.

NAR's quarterly home price report found that prices were up year-over-year in nearly 90% of major metros, though the pace of appreciation has slowed.

Volatility may be the norm for the near future, but mortgage interest rates remain down significantly from their November peak.

Zillow Chief Economist Skylar Olsen looks at the state of mortgage rates and ways agents can help buyers and sellers in this rebalancing cycle.

CoreLogic’s latest home price index shows year-over-year home appreciation of 6.9%, the lowest rate since late summer of 2020.

Nearly half of movers are moving for “housing-related reasons” such as a transition from owning to renting. The South and West are popular destinations.

With the latest jobs numbers, the unemployment rate is at its lowest level in more than 50 years. It's good news for workers, but could spell more rate hikes.

Compared to November's peak, today's rates could allow millions of additional buyers to afford a home.

The Knock Buyer-Seller Market Index forecasts that many markets will shift to neutral or buyers market territory by late summer or early fall.

The latest monthly report from Realtor.com offers a familiar refrain: The market is sluggish, due in large part to affordability.