Homebuyers finally catch a break with more inventory
Homebuyers are finally getting some good news: Active housing inventory is returning to the levels we experienced before the pandemic.
Existing home sales
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Inventory is rising, but existing home sales remain in a major slump
Last month was the slowest May for existing home sales since 2009. They were down 0.7% year-over-year to 4.03 million, and sales in the West were down significantly.
How to think about home prices for the rest of 2025
Home sales have continued to disappoint through the peak buying season and are only now just showing some growth over last year.
With more inventory, where are home prices headed?
Housing inventory is growing and returning to normal levels while sales remain depressed. But that doesn’t mean a big drop in home prices.
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Easter-driven home sales dip masks recent growth
Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.
First American: Home sales are weaker than they seem
First American’s Mark Fleming said the slowdown is tied to the mortgage rate lock-in effect and older homeowners who choose to age in place.
NAR’s existing-home sales forecast for 2025 gets a haircut
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.
Will mortgage rates allow for ‘peak’ homebuying season?
It’s quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. Our weekly pending home sales data continues to run about 3% below last year.
How child care costs and commutes will impact brokerage economics in 2025
Economists Jessica Lautz and Lisa Sturtevant took to the stage at HousingWire’s Housing Economic Summit on Tuesday to examine data and trends as they forecast what this year could have in store for anxious broker-owners.