Current Market Data
Negotiations over prices and fees are becoming a regular part of the sale process, the MLS said in its monthly snapshot.
The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool.
At the same time, existing-home sales declined, and days on market increased.
The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022.
In Atlanta, home prices rose 2.46% year over year and 0.88% month over month in March.
New data released by CoreLogic/Cotality, and examined by noted industry researcher Mike DelPrete, contradicts this commonly held notion, however, and shows that the ratio is actually closer to 65/20.
Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said.
The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs.
Driven primarily by the construction boom during the pandemic, the housing market has seen some improvements in affordability, but homes remain out of reach for many would-be buyers.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.
Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.
Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.
Home sales slid 5.4% year over year to 5,011 transactions, while the median sales price inched up 1.2% to $410,000.
The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.
The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.
