Market Datavs. 1 year ago
30-year mortgage6.76%▲ +0.41 pts15-year mortgage6.09%▲ +0.59 pts10-year Treasury4.96%▲ +0.95 ptsMortgage spread1.80 pts▼ -0.54 ptsMedian list price (Aug)$425k▼ -1.3%List $/sqft (Aug)$224▼ -1.8%Days on market (Aug)60 +0 daysActive listings (Aug)1.14M▲ +3.6%New listings (Aug)402k▼ -0.1%Pending sales (Aug)452k▼ -0.6%Housing starts (Jul)1.24M▼ -13.5%Building permits (Jul)1.43M▲ +2.4%New-home sales (Jul)607k▼ -6.3%Existing-home sales (Aug)3.98M▼ -1.2%Months of supply (Jul)9.6▲ +0.4 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 3:40 PM ET

Typical Realtor Now Has 13 Years of Experience as Newcomers Thin Out

Typical Realtor Now Has 13 Years of Experience as Newcomers Thin Out

The typical Realtor now has 13 years of experience, and only 11% of members have one year or less in the business, according to NAR’s latest member profile. Median 2025 transaction sides were nine, and median gross income was $59,200. Affordability was the leading client obstacle, cited by 27% of respondents. Key facts Nine sides … Read more

More Balanced Inventory Improves Housing Affordability for a Second Year

More Balanced Inventory Improves Housing Affordability for a Second Year

Real house-buying power improved approximately 7% year over year in April as the market moved toward balance, according to First American. Months of supply rose from about 3.5 in April 2024 to 4.4 in April 2026, while nominal price growth slowed sharply. Affordability is improving β€” but not through the channel most buyers are waiting … Read more

A Record 242 U.S. Cities Now Have Million-Dollar Starter Homes

A Record 242 U.S. Cities Now Have Million-Dollar Starter Homes

A record 242 U.S. cities now have typical starter homes worth at least $1 million, up from 226 in 2025 and just 80 in February 2020, according to Zillow. California accounts for 105 of them. The national typical starter home is worth $198,649 β€” a figure that, placed beside the $1 million threshold, describes two … Read more

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