Weekly housing market update: home prices stay sticky, inventory stalls, and sales rise.
📊 Housing Market Insights & Real Estate Trends – Weekly Update
This week’s Compass Intelligence real estate market report dives into the latest U.S. housing trends, from sticky home prices to shrinking inventory growth. Despite slower buyer demand, sellers are holding firm, keeping home values steady. Here’s what you need to know:
- 🏡 Downside Stickiness: Many homeowners are unwilling to sell at a loss, limiting price drops.
- 📉 Inventory Update: National supply is flat at 863,000 homes—just 19% higher than last year, with growth slowing.
- 🏷️ Fewer New Listings: New homes for sale are down 5% compared to the same week in 2024.
- 📈 Sales Activity: Nearly 77,000 contracts started this week, up 5% year-over-year, with condo sales surging 9%.
🔑 Key Takeaway: The U.S. housing market remains competitive. Buyers hoping for lower rates and falling prices may need to adjust expectations, while sellers still hold leverage in many markets.
➡️ Get the full data breakdown and expert real estate insights in this week’s video update. LINK HERE
💬 The housing market is always evolving. If you’d like to understand how these shifts impact your goals, let’s connect—I’ll help you create a strategy built for today’s market.