Welcome to this weekly housing trends update, where we bring you the latest snapshot of inventory trends, listing activity, and buyer-seller dynamics across the U.S. housing market.
In addition to our monthly housing trends reports, which offer deeper insights into long-term patterns, we publish these weekly updates to provide more timely views into market changes. This effort began in response to rapid shifts in the economy and housing landscape.
We recently released our midyear housing forecast for 2025, which predicts that the moderation we have seen in sales and price growth will continue throughout the rest of the calendar year.
You can count on a new Weekly Housing Trends Update, fresh weekly data each Thursday, and a weekly video from our economists to help you stay informed.
What this week’s data shows
With mortgage rates dipping to 6.19%, data shows that more sellers are seizing the opportunity by listing their homes on the market. At the same time, lower rates are an encouraging sign for buyers—especially in today’s market, where the price per square foot has eased and an expanding supply of fresh listings provides more affordable options to choose from.
However, despite the welcome progress on rates, buyer sentiment may remain subdued. The Consumer Confidence Index, which measures U.S. consumers’ views on personal finances and the economy, declined in October. To strengthen purchase sentiment, meaningful wage growth and greater financial stability will be essential. Yet, the ongoing federal government shutdown and rising concerns about job security—particularly following recent rounds of layoffs at several major companies—could further weaken confidence in the near term.
Weekly housing trends highlights
- New listings—a measure of sellers putting homes up for sale—up 5.9% year over year
New listings were up 5.9% last week compared with the same period a year ago, extending the streak of accelerating growth to three weeks. With 30-year fixed mortgage rates easing to the lowest level in over a year, many homeowners who have been waiting on the sidelines may be ready to test the market—particularly those hoping to sell before the end of the year. - Active inventory climbed 14.6% year over year
The number of homes active on the market climbed 14.6% year-over-year, marking the 103th consecutive week of annual gain
