Growth in total active inventory has been my favorite story for housing in 2025, but that inventory growth has slowed recently, and today’s Housing Market Tracker will focus on why. Inventory growth was running at 33% year over year a few months ago, but it dropped to 17.66% last week. Let’s find out what happened. […]
Why has housing inventory growth slowed? Read More »
The Mississippi housing market continues to show one of the slowest absorption rates in the nation, with homes sitting on the market well above the U.S. median. The state now ties with Louisiana, Hawaii and Florida for the longest days on market (DOM), underscoring a widening gap between local conditions and the national trend. HW
Mississippi among slowest markets as gap with U.S. widens Read More »
In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active listings and a 63-day median time on market. Months’ supply
Inventory-heavy states show wide gaps in sales speed Read More »
President Donald Trump’s decision to impose steep new tariffs on imported wood, furniture and home fixtures is drawing criticism from economists, builders and housing experts who warn the move could further strain an already fragile housing market. New tariffs in these sectors were first announced Sept. 26 by Trump on social media, with further details
New tariffs on wood, furniture raise fears of higher housing costs Read More »
Home prices are continuing to rise, but at a much slower pace. Home prices rose 1.7% nationwide in July, according to the S&P Cotality Case-Shiller Index released Tuesday. This pace is slower than the 1.9% annual growth recorded in June and marks the slowest pace of annual home price appreciation since July 2023. In comparison,
Home price growth drops to lowest level in two years Read More »
Home prices are continuing to rise, but at a much slower pace. Home prices rose 1.7% nationwide in July, according to the S&P Cotality Case-Shiller Index released Tuesday. This pace is slower than the 1.9% annual growth recorded in June and marks the slowest pace of annual home price appreciation since July 2023. In comparison,
Home price growth drops to lowest level in two years Read More »
Mortgage spreads are the hero of housing in 2025, quietly helping housing demand pick up even when nobody else notices. What are mortgage spreads? In the slow dance between the 10-year yield and 30-year mortgage rates since 1971, the mortgage spread is the distance between them — the key variable keeping them close or distant.
Mortgage spreads are the hero of the 2025 housing market Read More »
A bipartisan group of lawmakers has introduced legislation aimed at repurposing vacant buildings into affordable housing. Reps. Sam Liccardo (D-Calif.), Maria Salazar (R-Fla.), Johnny Olszewski (D-Md.) and Brian Fitzpatrick (R-Pa.) announced the Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act — which would create a pilot grant program for communities to rehabilitate empty offices, malls,
Bipartisan RESIDE Act aims to convert vacant spaces into housing Read More »
I recently gave a talk to a few hundred real estate professionals in Chicago. I started with the map below of the U.S. showing the days on market for pending home sales in different states. It’s a stark illustration that the country is divided into two distinct real estate markets. The states with the shortest
The Great Stay: Why the US housing market is divided in two Read More »
Existing home sales have shown year-over-year growth for two consecutive months, as mortgage rates have remained below 6.64% for the same period. However, let’s remember that the bar is very low for yearly growth. In fact, for many months, I’ve said that the reports coming out from June to October — which will be reported
Existing home sales show year-over-year growth again Read More »