Housing Market Hotness Index

The U.S. Housing Market Hotness Index fell for a sixth consecutive week as elevated mortgage rates and rising homeownership costs continued to challenge affordability. National conditions remain subdued, but substantial differences in buyer demand are emerging across local housing markets.

The U.S. Housing Market Hotness Index declined for the fifth consecutive week as elevated mortgage rates and affordability challenges continued to slow buyer demand and pending home sales. While the national housing market remains subdued, local market performance continues to diverge, with some counties showing resilience and others experiencing noticeably weaker housing activity.

The U.S. Housing Market Hotness Index fell for the fourth consecutive week as high mortgage rates, affordability challenges, and economic uncertainty continued to slow buyer demand. While the national market remains soft, local housing markets are following very different paths.

The U.S. Housing Market Hotness Index declined again as high mortgage rates and persistent affordability challenges slowed pending home sales and weakened overall housing demand. Discover which housing markets remain resilient despite the slowdown and where softer buyer demand continues to reshape local market conditions.

The U.S. Housing Market Hotness Index declined slightly to 98.11, reflecting continued weakness in the housing market as existing home sales remained below historical norms. Persistent affordability challenges, mortgage rates in the mid-6% range, inflation, and economic uncertainty continue to dampen buyer activity.

The Housing Market Hotness Index declined slightly to 98.84 for the week ending June 28, 2026, reflecting a housing market that remains constrained by affordability and broader economic uncertainty. Elevated mortgage rates, persistent inflation, and the lock-in effect continue to limit both buyer demand and housing supply.

The Housing Market Hotness Index increased to 99.09 for the week ending June 21, 2026, signaling a modest improvement in housing market activity. However persistent affordability challenges and fading expectations for Federal Reserve rate cuts continue to limit buyer demand.

The U.S. housing market remains sluggish as the spring homebuying season comes to an end, with the Housing Market Hotness Index declining to 98.72 for the week ending June 14, 2026. Affordability constraints, economic uncertainty, and the ongoing lock-in effect are keeping both buyers and sellers on the sidelines.

The Housing Market Hotness Index edged lower for the week ending June 7, 2026, highlighting the ongoing challenges facing the housing market. High mortgage rates, affordability constraints, and economic uncertainty are keeping many buyers and sellers on the sidelines.