News
The Weekly Pulse | 3-27-23
March 27, 2023
Hello and welcome! Thanks for stopping by. Here you’ll find an in-depth look at 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:
- There was no price bracket that had more showings than the same week last year, but listings over $1M only had 9.1 percent fewer showings than last year.
- The percentage of showings taking place on listings priced between $250-300K decreased from 17.7 to 16.0 percent. Listings priced between $300-400K increased from 27.5 to 29.0 percent of all showings.
- Year-over-year showings are still down by about one third but the declines appear to have stabilized. 30-year mortgage rates are below 6.5 percent, levels not seen since early February.