Current Market Data

NAR: Pending home sales rebound in August
NAR: Pending home sales rebound in August

All four geographic regions saw increases, led by the Midwest, which clocked a 10.4% rise from July, and the South, where sales rose 8.6%. Pending transactions rose 7.2% in the West and 4.6% in the North.

How much can you save by downsizing? It depends on where you live.
How much can you save by downsizing? It depends on where you live.

Property values continue to rise and those looking to downsize can make the most of the current market highs, but how much you can save by downsizing can vary significantly depending on where you live.

ShowingTime: Home showings down in August
ShowingTime: Home showings down in August

A new report shows the market cooled in August, at least in terms of the number of prospective buyers looking at homes.

S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row
S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row

The 10-city composite index rose 1.4% on a monthly basis and 19.1% on a yearly basis, while the 20-city composite gained 1.5% monthly and 19.9% annually. 

Demand for second homes fell 19.3% in August
Demand for second homes fell 19.3% in August

Fewer buyers were looking for vacation homes in August, as the demand for second homes dropped for the third month in a row.

Huffstickler of Engel & Völkers Atlanta: Condo market a “seller’s paradise”
Huffstickler of Engel & Völkers Atlanta: Condo market a “seller’s paradise”

Today’s condo environment is a far cry from the first days of the pandemic, when people were told to stay home and stay away from one another. 

New-home sales rise in August
New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

Could remote work fuel housing demand for years to come?
Could remote work fuel housing demand for years to come?

Last year’s en-masse move to remote work has driven what Zillow has dubbed the Great Reshuffling, as homeowners working from home have paused and reevaluated where and how they live.

Surge in multifamily construction drives housing starts in August
Surge in multifamily construction drives housing starts in August

The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.

NAHB: Builder confidence posts first monthly gain in four months
NAHB: Builder confidence posts first monthly gain in four months

September’s reading of 76 was up one point from August, despite lingering challenges with labor and the building-material supply chain, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

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