For Week Ending May 9, 2026 2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest … Continue reading
Inventory
Weekly Market Report
Weekly Market Report
For Week Ending May 2, 2026 A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% … Continue reading
Existing Home Sales
Mortgage Rates Inch Down
May 14, 2026 Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up. The 30-year fixed-rate mortgage averaged 6.36% as of … Continue reading
Mortgage Rates Average 6.37%
May 7, 2026 The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending April 25, 2026 The 30-year fixed-rate mortgage continued its downward trend, with the average rate falling to 6.23% for the week ending April 23, 2026–the lowest level in the past three spring homebuying seasons, according to Freddie … Continue reading
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