By the Numbers

With the value of its residential real estate surpassing $3.6 trillion, Florida edged out New York but trails California among markets with the top home values.

Relocation picked up in 2022, with buyers seeking out more affordable homes in Florida, Texas and California.

Freddie Mac’s weekly survey reported yet another jump in the average 30-year mortgage rate, which is approaching its 2022 peak.

Housing completions went up in 2021, but builders tapped the brakes in 2022. At the same time, more households formed, leading to an ongoing shortage.

After maxing out in June, the percentage of million-dollar homes fell and is nearly flat year-over-year. In pricey markets, the declines were more pronounced.

Newly built homes continue to lose square footage. But agents see an upside for buyers seeking more affordable options.

As the housing stock ages, agents should educate themselves about the features and occasional pitfalls of older homes.

Rates inched up again this week, adding to affordability challenges ahead of the spring shopping season.

Realtor.com's monthly market report shows six straight months of increasing inventory.

A new report by the Dallas Federal Reserve said that "frothiness" in the real estate marketplace could lead to a "deep global housing slide."

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.