Housing starts and permits are still struggling to match levels from a year ago. But despite falling homebuilder sentiment, starts increased on a monthly basis following higher permits last month.
Home Values Start to Slip As Summer Heat Fades from Housing Market (September 2023 Market Report)
Typical home values fell slightly in September, while inventory kept climbing
Mortgage Rates May Breach 8%, But Don’t Expect a Major Market Shift
More potential buyers will be priced out and the inventory deficit may deepen the higher mortgage rates rise.
Rents Are Just Barely Climbing (September 2023 Rent Report)
Annual rent growth cooled again, to 3.2%, in September.
Metric Spotlight: More Price Cuts, Fewer Bidding Wars as Seasonal Cooldown Settles In
Buyers in New Orleans, Florida and Texas are seeing the fewest bidding wars
Fall Housing Market Outlook: Cooling Quickly
The seasonal cooldown for the housing market is shaping up to be extra chilly this fall, swinging negotiating power toward buyers.
