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.
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
As the country settles into the quiet period between Thanksgiving and year’s end, the housing market is similarly easing, with home prices edging down, fewer newly listed homes, and for-sale inventory building. Mortgage rates fell to 6.19% last week, their lowest level since October, as markets anticipated the upcoming FOMC meeting. While mortgage rate progress is good news for buyers, market conditions continue to present a challenge to home shoppers.
The housing market continues to operate in low gear. Elevated mortgage rates and high home prices leave many existing homeowners feeling “locked in,” unable to move without straining their budgets. This lock-in effect is least pronounced in lower-priced Midwestern markets, but far more significant in expensive coastal metros, where trading up, or even laterally, often results in a substantial rise in housing costs.
Even so, the latest housing market data shows that housing conditions continued to improve for buyers in November, with climbing inventory, softening prices, and extended time on the market. Despite these shifts, the environment remains difficult enough that many sellers are choosing to pull their listings rather than wait for scarce buyer interest. Delistings in October rose 45.5% year to date and 37.9% year over year, cementing 2025 as the year with the highest national delisting rate since Realtor.com® began tracking the metric in 2022.
Weekly housing trends highlights
- New listings—a measure of sellers putting homes up for sale—fell by 7.4% year over year
New listings fell again this week compared to the same week in 2024, accelerating from the previous week’s decline. New listings are up 5.5% year to date and have shown modest positive growth for most of the fall, suggest