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.
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
This week’s housing data points to a cautiously active market. Inventory continues to build, though the pace of growth is slowing as buyers steadily absorb available supply — homes are selling at a pace close to last year’s, and new listings remain near their highest volume in nearly a year.
The standout signal this week is on price: listing prices have declined year-over-year for several consecutive weeks, and the gap is widening. This appears less a sign of weakness and more a strategic shift — sellers are pricing competitively to meet buyers, keeping the spring market active despite broader economic uncertainty.
Weekly housing trends highlights
New listings, a measure of sellers putting homes up for sale, fell 2.5% year over year
New listing activity remains above the 120,000 mark — one of the highest volumes in nearly a year — even as it trails last year’s pace. While some sellers are gradually re-engaging with the market, others may remain on the sidelines amid mortgage rate volatility.
Active inventory climbed 2.3% year over year
The number of homes for sale continues to exceed year-ago levels, though the rate of growth has moderated — from the 10% gains seen at the start of the year to roughly 2% today. The slowdown in inventory growth likely reflects a mix of sellers pausing amid rate uncertainty and buyers steadily absorbing available supply. Year-to-date, active inventory is running 6.5% above the same period one year ago.
Homes spent 1 day longer on the market than a year ago
Time on market has been running just one day behind last year’s pace, and that gap has been narrowing throughout the year, a sign that buyer demand is absorbing the growing supply rather than letting it pile up.
The median listing price fell 2.9% year over yearÂ
Asking prices have now fallen or held flat for 28 consecutive weeks, with this week marking the 16th straight week of outright year-over-year price declines. The deepening decline, from -2.3% last week to -2.9% this week, comes even as inventory growth is moderating and homes are selling at a pace close to last year’s. That combination suggests sellers are adjusting prices to attract buyers rather than waiting for the market to come to them, a dynamic that keeps the spring window genuinely competitive for shoppers.
