Housing Market

Affordability

U.S. Home Prices Ticked Up 0.2% in March, the Slowest Pace Since 2022

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros recorded a drop in home […]
Monthly Market Update

U.S. Homes Are Selling at the Slowest Pace in 6 Years

The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic homebuying frenzy. Homes are taking longer to sell because many are overpriced and demand is sluggish. Plus, sellers are competing with each other—the supply of homes for sale hit a […]
Luxury Market

Here Are the 10 Most Expensive Home Sales of March

Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot.  Hawaii was home to the most expensive home sale of March, with a beachfront estate on Oahu going for $65.8 million. Next came two properties that sold for $60 million apiece: a Miami Beach mansion […]
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