Homebuyer demand remained consistent in September and despite another decrease in listings, there are indications the marketing is softening and sales prices may start to moderate. 

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

The number of closed sales fell 12% month over month, while active inventory rose 5.6% to 7,362. Median sales prices dropped 4.8%, but that’s still up 7.3% from September 2020. 

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

Cape Cod’s housing market remained historically strong in September, despite declines from last year.

While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report. 

It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.

Zumper’s Boston Metro Area Report found rents are growing the fastest in one of the Bay State’s North Shore cities.

While housing inventory fell for the second consecutive month, homes sold six days faster than they did in September 2020.

Asking prices for homes reached an all-time high in September, despite pending sales and new listings cooling.

Mortgage rates rose quickly last week. The 30-year fixed mortgage rate hit 3.01%, up 0.13% from the week prior.

Housing affordability has changed across all 50 top markets, proving to be more affordable than it was during the previous housing peak, according to First American Financial’s latest Real House Price Index.

All four geographic regions saw increases, led by the Midwest, which clocked a 10.4% rise from July, and the South, where sales rose 8.6%. Pending transactions rose 7.2% in the West and 4.6% in the North.

Property values continue to rise and those looking to downsize can make the most of the current market highs, but how much you can save by downsizing can vary significantly depending on where you live.

A new report shows the market cooled in August, at least in terms of the number of prospective buyers looking at homes.