Category Archives: Market Report
April 2019 Real Estate Market Report
Home Values Dip Month-Over-Month for First Time in Seven Years In April, the median home value fell 0.1% from March, the first time the market has posted a monthly decline in seven years. A more stable metric—year-over-year appreciation—shows U.S. home values up just 6.1% from last April. That’s below annual growth of 7.5% in April […]
March 2019 Real Estate Market Report
Home Value Cooling Is More About Changes in Demand Than Supply The market has begun to cool, with the median home value nationally climbing in March by less than 7% annually (to $226,700) for the first time in more than two years. Home values are growing especially slowly in some markets that until recently were […]
February 2019 Real Estate Market Report
Rent Growth Climbs Again After Short-Lived Correction For a while last year, it looked like the U.S. rental market might be headed for a serious slowdown. Year-over-year rent growth dipped below 1 percent – and then it stopped growing altogether. In September and October, the U.S. median rent was lower than it had been the […]
January 2019 Real Estate Market Report
For First Time in 5 Years, Buyers Have More Selection to Start the Year U.S. for-sale home inventory increased 1.2 percent from a year ago. The largest inventory increases were seen in softening but still competitive West Coast markets. The typical U.S. home was worth $225,300 in January, 7.5 percent more than a year ago. […]
December 2018 Real Estate Market Report
Amid Steady U.S. Growth in 2018, Some Markets Flagged While Others Flew Home value appreciation was slower in December than it was a year ago in 19 of the 35 largest housing markets. The typical U.S. home is worth $223,900, 7.6 percent more than it was a year ago. The median rent increased 1.4 percent […]
November 2018 Real Estate Market Report
Inventory Climbs for Third Straight Month, But Don’t Call it a Comeback The number of homes on the market in November rose 0.4 percent from a year earlier, the third consecutive month of modest gains following nearly four years of inventory declines. In November, there were 1.6 million homes on the market – well below […]
October 2018 Real Estate Market Report
Inventory Climbs Meaningfully for the First Time in Almost Four Years The number of homes for sale in October rose 3 percent, the first year-over-year gain of more than 1 percent since December 2014. The boost comes nowhere near making up for years of inventory declines: The number of homes for sale in October was […]
September 2018 Real Estate Market Report
Rents Drop Year-Over-Year for the First Time Since 2012 Because of a small decline earlier this year, the median rent nationwide is now down 0.2 percent from September 2017 – about $3 a month. Rents last turned down in July 2012, then climbed steadily to peak growth of 6.6 percent in July 2015. After reaching […]
August 2018 Real Estate Market Report
Rents Flat Year-Over-Year for First Time Since 2012 • The median rent nationwide is $1,440, unchanged from a year ago – marking a sixth consecutive month of slowing and 27 months of sub-3 percent annual growth. • The median U.S. home is worth $216,700, up 6.5 percent over the past year. • The number of […]
July 2018 Real Estate Market Report
Home-Value Growth Slowing in Several Hot Markets The median U.S. home value climbed 8 percent over the last year to $218,000, but growth is slowing in 20 of the 35 largest U.S. housing markets, with Seattle and Tampa, Fla., reporting the greatest slowdowns. One reason for the slowdowns is a greater number of homes for […]