NEWS The Weekly Pulse | 5-20-24 Tags: Weekly Pulse

Hello and welcome! Let’s dig 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:

  1. Showing activity was 6.1% lower compared to the same week last year. There were over 23,000 showings during the week, including all price ranges and property types across the metro region. With rates easing last week, we expect an increase next week.
  2. Despite the overall decrease, three out of nine price ranges did have increases in showings compared to 2023 while one was flat. The $500-600K range had the largest gain of 25.2% while the $200-250K range saw 26.9% fewer showings.
  3. The $300-400K range still makes up the largest share of showings (28.9%). Listings over $1M represented 2.9% of all showings.