Good morning Realtors®! Let’s dive into the latest housing market activity. In addition to our regular weekly report, these weekly and monthly charts go beyond some of the higher-level trends. Here’s what the latest data are telling us:
- Last week, showing activity was up 1.0% compared to a year ago.
- The largest year-over-year increase in showing activity took place for homes priced between $800K-1M, up 22.3%. Showings of homes priced between $300-400K were up 8.3%.
- Homes priced between $300-400K still make up the largest share of showings (28.2%). Listings over $1M represented 3.4% of all showings.
- Mortgage rates averaged to 6.0% across the United States by the end of last week.
