Latest real estate news and analysis tagged with housing-market on realestatenews.news.
The benchmark 30-year fixed mortgage rate climbed to 6.71% this week, its highest point since July 2025, as rising borrowing costs continue to weigh on home sales and buyer purchasing power.
A survey of 127 senior homebuilding executives reveals sharply fading optimism, with most now expecting flat conditions through the remainder of 2026 amid escalating construction costs and uncertain buyer demand.
Fed Chair Warsh's hawkish Jackson Hole speech has put a rate hike back on the table, shifting expectations ahead of the September 16th FOMC decision and leaving mortgage borrowers in a two-week holding pattern.
Supply is climbing while pending sales hit a six-month low, shifting leverage toward buyers in cities like Miami, Nashville and across Texas—especially for homes that have sat on the market for weeks.
The average 30-year fixed mortgage rate dipped to 6.65% this week, continuing a short-lived retreat — yet rates remain higher than a year ago as bond market pressures and inflation concerns keep borrowing costs elevated.
Fresh supply is entering the market as summer fades, but pending home sales have slipped to their weakest point since March amid elevated mortgage rates and economic uncertainty.
Redfin's latest home price index shows national prices grew just 0.27% month over month in July, almost unchanged from June, while San Francisco, Oakland and West Palm Beach led all metros in gains driven by wealthy buyers.
A new analysis from Redfin and childcare marketplace Winnie finds that combined housing and childcare costs consume 52% of the median working family's income nationally, but that figure ranges from under 40% in Little Rock to nearly 97% in Los Angeles.
Pending home sales rose a modest 0.4% week over week through early August, while new listings jumped 1.7%—the largest weekly gain in five months—giving buyers slightly more room to negotiate in a market still weighed down by elevated mortgage rates.
July consumer prices rose 3.4% annually, down from June's pace, as shelter costs slowed. The softer reading may help limit upward pressure on mortgage rates, though Fed rate cuts remain unlikely in September.
July home sales fell 4.1% month-over-month to their lowest seasonally adjusted level in nearly two years, with mortgage rates at a one-year high and record home prices squeezing buyers across the country.
July's surprising job loss of 23,000 positions—far below the 80,000 gain economists expected—could push the Federal Reserve to hold off on rate hikes, offering modest relief to borrowers watching mortgage costs.
Slower summer conditions, high mortgage rates and growing inventory are shifting bargaining power toward buyers in Austin, Nashville and beyond, while Chicago and San Diego remain more competitive.
August looks increasingly unfavorable for mortgage borrowers as Middle East conflict, above-target inflation, and an ambiguous Federal Reserve posture all push Treasury yields — and home loan rates — higher.
The Federal Reserve kept its benchmark rate unchanged for a fifth straight meeting, yet three regional presidents pushed for a hike. Analysts warn mortgage rates and consumer borrowing costs could stay elevated far longer than most buyers anticipate.
U.S. pending home sales slipped 1.3% week over week through July 19, pressured by elevated mortgage rates and near-record home prices, even as inventory gives buyers more room to negotiate.
The benchmark 30-year fixed mortgage rate climbed to 6.58% this week, its highest point in roughly 12 months, as rising oil prices and inflation fears push bond yields upward and squeeze homebuyer purchasing power.
Redfin's Home Price Index shows June prices rose 0.3% month over month and 3% year over year—the strongest annual gain in 10 months—with Ohio metros and Miami leading the way.
Inland university cities like Morgantown, WV, Syracuse, NY, and Tuscaloosa, AL are posting double-digit price gains while pricier college markets cool, according to new Redfin data.
Roughly 47,000 U.S. home-sale contracts fell apart in April, but the cancellation rate edged down slightly as sellers grew more flexible and buyers adjusted to elevated mortgage costs.
The share of home sellers reducing their asking prices has pulled back from a record high, signaling a modest shift in negotiating power — though buyers still hold the upper hand in many markets.
The median U.S. home sale price climbed 2.4% year over year in April 2026, the sharpest increase since March 2025, as pending sales hit the highest level since 2023 and inventory expanded to its widest point since 2020.
Redfin data shows the seller-to-buyer imbalance shrank for the fourth consecutive month in April, as improved job-market sentiment pulled more shoppers back into the housing market.
The median U.S. home sale price climbed 2.4% year over year in April to $396,173, the largest annual increase in 13 months, as buyer demand surged alongside a stronger-than-expected jobs report.
