HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market cooldown that appeared earlier this year continued into the traditional end of ...
Read More »New Listings Prop Up June Inventory
The nation’s inventory levels were boosted by new listings in June, contributing to a third consecutive month of supply growth.
Read More »Cost of Homes Adjusting to a New Market Equilibrium
Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.
Read More »Is a Market Cooldown Imminent?
In May, the HouseCanary Market Pulse reported the first signs of a potential softening in the housing market as a litany of external influences exerted pressure on the housing market. A challenging environment for weary homebuyers exists today as increasing ...
Read More »Housing Inventory Grows for First Time in Three Years
New data suggests the U.S. housing market may have hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the latest Realtor.com Monthly Housing Trends Report for ...
Read More »Rising Rates Create Stressful Environment for Aspiring Homeowners
HouseCanary, Inc. has released its latest Market Pulse report, — a continuous review of proprietary data and insights from Housing Canary — covering 22 listing-originated metrics and comparing data between April 2021 and April 2022. New housing inventory remained negative in the ...
Read More »More Than Half of U.S. Homes Sold Above List Price
According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate remained at a 12-year high of 5.1%. “Rising mortgage rates are taking ...
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