News
The Weekly Pulse | 4-10-23
April 10, 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 between $500-600K only had 32.0 percent fewer showings than last year.
- The percentage of showings taking place on listings under $200K rose to 14.3 percent. Listings priced over $1M increased to 1.73 percent of all showings.
- Year-over-year showings are still down by over 45.0 percent but that has more to do with how the Easter holiday fell last year versus this year. The 30-year mortgage rate has slid back toward the 6.2-6.3 percent range.