Housing Market Hotness Index

The housing market continues to cool as summer comes to an end.

The housing market remains sluggish despite declining mortgage rates, with Monroe County, New York, continuing to be the most competitive area.

The housing market cooled further, as indicated by a decrease in the Market Hotness Index. Despite a decline in mortgage rates, both demand and supply for housing remained subdued.

The housing market experienced a modest cooling-off as indicated by a slight decrease in the Market Hotness Index. Despite a decline in mortgage rates, overall market activity remained sluggish.

While more sellers are entering the market, buyer activity has slowed due to persistent high prices and mortgage rates.

While more sellers are entering the market, buyer activity has slowed due to persistent high prices and mortgage rates.

High prices and mortgage rates continue to limit buyer demand, while a modest increase in available homes has yet to reach a balanced market level.

High mortgage rates continue to cool the housing market, as evidenced by another decline in the market hotness index.

Housing market remains stagnant as Market Hotness Index dips, Monroe County, NY hottest market this week.