Current Market Data

New-home construction drops in May 

Homebuilder sentiment recently reached its third-lowest level since 2012. 

mortgage applications
Mortgage applications surge 12.5% on ‘looser housing inventory’ 

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

MLS subscriber-Realtor gap hits record level 

T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record. 

Cotality: Home-price gains slow to 13-year low  

The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool. 

Pending home sales plunge in April on high mortgage rates 

The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022. 

Case-Shiller: Denver home prices rise in March as national price growth slows  

In Denver, home prices rose 1.35% year over year and 1.08% month over month in March. 

Debunking 80/20: New data shows it’s 65/20

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.  

RE/MAX: Denver home sales rise year over year in April 

Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said. 

NAHB: Builder confidence drops in May on tariff uncertainty 

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. 

NAR: Affordability gap persists despite improvements in housing supply

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.

mortgage applications
MBA: Mortgage applications rise as housing inventory increases 

The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty. 

HomeSmart upgrades yard signs with SmartSigns and SmartRiders

HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.

NAR: Staging a home can increase sale price by up to 10%

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.  

Cotality: Pace of home-price growth slows in March on economic concerns 

Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.

March’s interest-rate slide prompts jump in pending home sales 

The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.

New-home sales climb in March in the face of high mortgage rates

The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.

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