Availability of for-sale inventory shrank at its quickest pace in over two years last month, as new home listings also landed at their lowest level since mid 2024, according to Redfin. Processing Content Active listings decreased 1.4% from October, the largest seasonally adjusted drop since June 2023. The number doubled the previous month’s 0.7% pace […]
Housing inventory sees steepest drop in over two years Read More »
This is the final Housing Market Tracker article for 2025 and we’re going to tackle why the inventory growth rate has been cut in half this year. At one point, we had over 30% year-over-year growth, and that number is now down to 13.54%. Why is this the last tracker of the year? I don’t
Why did the growth rate of housing inventory drop by half this year? Read More »
Existing home sales have been trending higher since June, when the monthly sales print bottomed at 3,930,000 for 2025. The question is: can this continue? Back in mid-June, the housing market started to shift, and then mortgage rates fell below the key 6.64% level and headed toward 6. This has given us 200,000 more sales
Existing home sales hit 9-month high with inventory at 1.43M units Read More »
Affordable housing developers are entering 2026 with mixed expectations, balancing optimism about long-term demand with immediate concerns over costs and policy shifts. A new TD Bank survey shows that half of affordable housing professionals believe market challenges will affect their deal pipelines next year. They cite high construction costs and tariff-driven price increases as the
TD Bank expresses cautious optimism for affordable housing in 2026 Read More »
New-home sales saw their largest year-over-year increase since July in November, even as mortgage rates changed little. Processing Content While the industry is still waiting on official data from the Census Bureau regarding the pace of new home sales, the MBA’s latest Builder Application survey found new-home purchase activity was up 3.1% from a
New-home sales post biggest annual gain since July Read More »
Confidence among US homebuilders edged up in December as builders continued to deploy sales incentives to motivate buyers. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo rose 1 point this month to 39, the highest since April. Still, a value below 50 means more builders see
US homebuilder sentiment edges up with help from incentives Read More »
As mortgage rates stay near 6%, our weekly housing demand data lines have improved so much that we are at multiyear highs in total pending sales and purchase application data combined. This shouldn’t be a shock for our readers because whenever mortgage rates break below 6.64% and head down toward 6%, housing data noticeably improves
Weekly housing demand reaches multiyear high Read More »
Boston has emerged as HousingWire’s hottest major metropolitan housing market heading into 2026 — fueled by chronic supply shortages, rapid sales and a job base that continues to outpace national trends. Local experts say the metro’s long-standing economic strength and global pull are driving competition even as interest rates and broader economic uncertainty persists. Todd
Boston emerges as hottest large metro market entering 2026 Read More »
With affordability at the forefront of issues in the housing market, a Democratic senator looks to crack down on owners of manufactured housing communities. Processing Content Sen. Maggie Hassan from New Hampshire sent letters to six corporate owners of these communities Tuesday, looking for clarity on affordability and living conditions for their residents. Hassan, a
Senator presses corporate owners on manufactured home rents Read More »
As mortgage purchase applications approach a three-year high, it’s vital to recognize the significant role played by mortgage spreads. Without the improvement in mortgage spreads starting in 2024, we would not have gotten mortgage rates below 6.64%, which spurred the last 18 weeks of positive data. The following analysis examines this data in detail. Mortgage
December housing demand near 3-year high as spreads improve Read More »