Key Points: For-sale inventory is up 9 percent year over year, and house-buying power has increased roughly 12 percent, easing some pressure on affordability. While overall inventory has improved, new listings are still down 4 percent from a year ago—limiting how much sales can rebound. Despite recent mortgage rate volatility and disappointing ... Read More ›

Key Points: A record number of single women owned homes in 2025, despite a dip in the homeownership rate. Long-term gains in educational attainment and real household income continue to boost women’s participation in the housing market. Affordability has improved to its best level since 2022, potentially supporting further homeownership growth ... Read More ›

Key Points: Existing-home sales are improving, but remain well below pre-pandemic norms. Sales equal just 3.3 percent of U.S. households, compared with a pre-pandemic average of 4.2 percent. Closing that gap would require over one million additional sales at today’s household base, underscoring just how far the market still has to go. ... Read More ›

Key Points: Affordability is improving as income growth outpaces home price gains. Inventory has improved, giving buyers more options than a year ago. Mortgage Rate lock-in and uncertainty will likely keep existing-home sales gains incremental in 2026. Existing-home sales increased in November, and our latest Existing-Home Sales Outlook Report ... Read More ›

Key Points: Mortgage rate lock-in remains a major constraint, but it is no longer tightening. Home sales are recovering faster in states where lock-in has eased more. Life events—not lower rates alone—are gradually restoring housing market turnover. Existing-home sales increased in October, and our latest Existing-Home Sales Outlook Report ... Read More ›

Key Points: Markets with new listings nearer pre-pandemic norms generally have sales activity closer to those norms. Of the 75 metros tracked, 26 are “pace setters,” with both new listings and sales closer to their pre-pandemic averages than the typical market. The strong relationship between new listings normalization and sales volume ... Read More ›