Market Data + Trends Buyers Who Signed Contracts a Year Ago Can’t Keep Up With Rising Borrowing Costs Many buyers who signed contracts for newly constructed homes during the pandemic are second-guessing their decisions amid soaring interest rates
Housing Markets Affordable Starter Homes Are Becoming Harder to Find The majority of housing markets lack starter homes under $150,000, and some pricey metros have none available at all
New-Home Sales The Cost of Buying a Home Is up 50% From 2021 2022 homebuyers are seeing decelerating home prices but rising mortgages sending monthly payments to record highs
Housing Markets Here Are the Most—and Least—Affordable Markets for Middle-Class Buyers Middle-class Americans are being priced out of the housing market at an unprecedented pace
Housing Markets Median Single-Family Home Prices Surpass Half a Million in Colorado For-sale homes in Colorado reached a staggering $600,000 in April, while five counties reported a median home sale price exceeding $1 million
New-Home Sales Homes Are Selling at a Record Pace, But to a Smaller Share of Buyers Home sales are speeding up as a small number of remaining buyers go toe to toe in an overpriced housing market
Affordability Housing Affordability Is Worsening in Most Counties Across the U.S. Rising mortgage rates and idle household incomes are hurting prospective homebuyers across the U.S.
Affordability Rising Mortgage Rates Caused Housing Affordability to Drop in March The majority of first-time buyers were priced out of homeownership as interest rates rose at a steady pace in March
Market Data + Trends A Housing Slowdown Could Define the Spring Market Rising mortgage rates are slowly but surely causing home prices to decelerate, meaning more balanced buying conditions could be on the way
Affordability Chief Economist for National Association of Realtors Predicts Waning Affordability Ahead National Association of Realtors chief economist Lawrence Yun says that a market slowdown could be just around the corner