Current Market Data

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Pending home sales regain upward momentum in June

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The most popular ways to upgrade a home in 2024 — without a huge demolition

There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Falling mortgage rates, increased supply create opportunities for homebuyers

Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Houzz: The top outdoor home trends for 2024

Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.

Median existing-home sales price hits all-time high in May

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

Mortgage rates tick lower for third straight week

The average 30-year fixed mortgage rate dipped to 6.87%.

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

Case-Shiller: Home-price index hits all-time high in March; Denver sees 2.1% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April

At the same time, the median price of a new home sold in April declined as well. 

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

Housing starts rebound in April after March slump

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Monthly home payments set new record in March

Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.

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