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The Weekly Pulse 3-6-23 Tags: Market DataWeekly Pulse

Hello and welcome! You’re in the right place. 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:

  1. Only one price bracket had more showings than the same week last year, and that was  for listings priced between $800K-1M (+16.9 percent).
  2. The percentage of showings taking place on listings between $300-400K was fairly steady, moving from 28.4 percent last year to 26.6 percent this year.
  3. As rates have spiked again and are flirting with the 7.0 percent mark, the year-over-year decline in showing activity moderated, now down about 30.0 percent compared to -45.0 percent at the end of February.