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 to 92.54 for the week ending September 13, 2026, moving further into cool territory as mortgage rates climbed and affordability deteriorated. While national conditions softened, substantial differences across counties show that housing demand remains highly dependent on local supply, affordability, and economic conditions.

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 edged up to 95.24 for the week ending August 23, 2026, but elevated mortgage rates, high home prices, inflation, and economic uncertainty continue to constrain housing demand. Beneath the subdued national market, significant regional differences remain, with some counties showing stronger buyer demand while markets in parts of Florida, Texas, and Tennessee continue to lag.

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 cooled further in early August as mortgage rates near 6.6% and affordability pressures constrained buyer demand. But local markets are moving in very different directions, with some counties remaining resilient while others experience significantly weaker housing activity

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.