The Weekly Pulse | 4-3-23 Tags: Market DataWeekly Pulse

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:

  1. There was no price bracket that had more showings than the same week last year, but listings over $1M only had 16.7 percent fewer showings than last year.
  2. The percentage of showings taking place on listings under $200K was flat at 13.5 percent. Listings priced over $1M increased from 1.5 to 2.0 percent of all showings.
  3. Year-over-year showings are still down by about 35.0 percent but the declines appear to have stabilized. 30-year mortgage rates did spike back above 6.5 percent, which partly explains the latest pullback in showings.