Current Market Data

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller 

In Denver, home prices posted a 12% year-over-year gain in August, compared to a 15.6% gain in July. Month over month, prices fell 2.3%.

Good news for prospective home buyers, according to RE/MAX

“After a sustained period of quick sales that kept the housing cupboard relatively bare, a supply of two months presents a lot more options for homebuyers,” said RE/MAX President and CEO Nick Bailey.

Home sales, listings take biggest hit on record

The only other time the market saw such change was at the beginning of the pandemic. 

NAR: Existing-home sales fall for eighth month in a row in September 

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

Housing starts miss expectations in September 

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

The market is stabilizing, says RE/MAX president and CEO Nick Bailey

The report shows decreases in sales prices, as well as an overall increase in days on the market. While this could be due partially to high interest rates, Bailey says the shift in the market could open up opportunities for buyers who’ve had to put their plans on hold.

More than half of Americans would buy a haunted house in 2022

Approximately 58% of homebuyers say they’d be willing to purchase a haunted house — and nearly 25% think they already have.

Risk of flooding influencing homebuyer decisions

The analysis found an increase in mortgage denials and in potential borrowers withdrawing mortgage applications in areas with an elevated risk of flooding.

CoreLogic: Pace of home-price increases slows for fourth month in a row in August 

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

American Home Shield: Average home sizes vary dramatically across the U.S.

The average median home size varies drastically across the country, according to American Home Shield’s 2022 American Home Size Index.

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