Market Moves Archives - Page 2 of 5

Housing affordability has improved eight straight months as inventory hit a 3-year high of 1.47 million homes — the first real opening for buyers since 2020

David Keller2 weeks ago2 weeks ago012 mins

Buyers have not had this much room to maneuver since before the pandemic scrambled the housing market. The National Association of Realtors’ Housing Affordability Index has climbed for eight consecutive months through March 2026, the longest sustained improvement since mortgage rates began their sharp ascent in 2022. Active inventory hit 1.47 million homes in April,…

houses and american homes showing mortgage rates impact suburban homes symbolizing financial strain

It now takes $127,000 a year to afford the median U.S. home — up from $79,000 before the pandemic, pricing out half of households

Warren Cohen2 weeks ago2 weeks ago014 mins

A household earning $80,000 a year, right at the national median, can comfortably afford a monthly mortgage payment of roughly $1,870 under standard lending rules that cap housing costs at 28 percent of gross income. The problem: the actual payment on a median-priced U.S. home now runs closer to $2,960 a month, assuming a 20…

First-time buyers have fallen to just 24% of the market, a near-record low — as 6.58% rates and a record $417,800 price lock them out

Warren Cohen2 weeks ago2 weeks ago09 mins

A generation ago, roughly one in three home sales went to someone buying for the first time. That ratio has collapsed. First-time buyers now represent just 24% of all home purchases, the lowest share the National Association of Realtors has ever recorded in its annual Profile of Home Buyers and Sellers, as reported by the…

a sale sign is hanging on a wooden post in front of a house

April marked the 34th straight month of rising home prices — even as sales stalled near a 9-month low and inventory hit a 3-year high

David Keller2 weeks ago2 weeks ago010 mins

Homes across the country kept getting more expensive in April 2026, stretching an unbroken streak of year-over-year price gains to 34 months. The national median sales price rose 1.5 percent compared with a year earlier, according to RE/MAX’s April 2026 National Housing Report. That streak now reaches back to mid-2023, having survived a mortgage rate…

More than 1 in 3 homebuilders cut prices in April — the highest share since 2009 — and 60% threw in free upgrades or mortgage rate buydowns

Warren Cohen2 weeks ago2 weeks ago013 mins

In April, more than one in three homebuilders slashed base prices on new homes, the largest share to do so since the housing bust of 2009. Another 60% sweetened deals with free upgrades, closing-cost help, or mortgage-rate buydowns. The numbers, drawn from the National Association of Home Builders/Wells Fargo Housing Market Index, paint a picture…

the home of the week is listed for 3 5 million

Home prices hit a record $417,800 in April even as existing sales slowed to a 9-month low — 6.65% mortgage rates mean buyers can’t afford the price

David Keller2 weeks ago2 weeks ago013 mins

Spring is supposed to be when the housing market wakes up. In April 2025, it barely stirred. The median existing-home sale price climbed to $417,800, the highest figure ever recorded, according to the National Association of Realtors. Sales, meanwhile, slid to their weakest seasonally adjusted annual rate in nine months, dropping 0.5% from March and…

a house under construction in the middle of the day

Builder sales incentives hit 60% for the 13th straight month — and 36% of builders cut prices in April for an average 5% discount

Warren Cohen2 weeks ago2 weeks ago013 mins

Sixty percent of U.S. homebuilders offered sales incentives in April 2026, according to the National Association of Home Builders’ Housing Market Index. That figure has now held steady for 13 consecutive months, the longest sustained stretch of widespread discounting the survey has recorded in the current cycle. At the same time, 36 percent of builders…

Home for sale with a sign with written FOR SALE in front of a house real estate sales concept

Existing home sales rose just 0.2% in April — but the median price hit a record $417,800 and inventory climbed to 1.47 million homes

Warren Cohen2 weeks ago2 weeks ago012 mins

The spring housing market was supposed to thaw. It barely moved. Existing-home sales inched up just 0.2% in April to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of Realtors. That gain is so small it amounts to statistical noise. Yet the median sale price climbed to $417,800, the…

Existing home sales rose just 0.2% in April — inventory hit 1.47 million homes but the median price still set an all-time record at $417,800

Warren Cohen3 weeks ago3 weeks ago010 mins

The spring housing market was supposed to wake up. Instead, it barely stirred. Existing-home sales rose just 0.2% in April from March, the National Association of Realtors reported, a gain so slight that most economists would call it flat. The number of homes on the market swelled to 1.47 million, the highest April inventory reading…

Home prices hit a median $417,700 — an all-time record — but year-over-year growth slowed to 0.9%, the weakest pace since 2011

Warren Cohen3 weeks ago3 weeks ago012 mins

The typical American home has never cost more, and the market has rarely moved this slowly. In April 2026, the median existing-home sales price, a non-seasonally-adjusted nominal figure reported by the National Association of Realtors, reached $417,700, surpassing every previous month on record, according to data tracked through the Federal Reserve’s FRED database. Yet the…

Category: Market Moves

Housing affordability has improved eight straight months as inventory hit a 3-year high of 1.47 million homes — the first real opening for buyers since 2020

It now takes $127,000 a year to afford the median U.S. home — up from $79,000 before the pandemic, pricing out half of households

First-time buyers have fallen to just 24% of the market, a near-record low — as 6.58% rates and a record $417,800 price lock them out

April marked the 34th straight month of rising home prices — even as sales stalled near a 9-month low and inventory hit a 3-year high

More than 1 in 3 homebuilders cut prices in April — the highest share since 2009 — and 60% threw in free upgrades or mortgage rate buydowns

Home prices hit a record $417,800 in April even as existing sales slowed to a 9-month low — 6.65% mortgage rates mean buyers can’t afford the price

Builder sales incentives hit 60% for the 13th straight month — and 36% of builders cut prices in April for an average 5% discount

Existing home sales rose just 0.2% in April — but the median price hit a record $417,800 and inventory climbed to 1.47 million homes

Existing home sales rose just 0.2% in April — inventory hit 1.47 million homes but the median price still set an all-time record at $417,800

Home prices hit a median $417,700 — an all-time record — but year-over-year growth slowed to 0.9%, the weakest pace since 2011

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