The Housing Market Hotness Index remained stagnant at 94.14 for the week ending December 8, 2024. As we enter the winter months, traditional seasonal slowdowns, coupled with persistently high mortgage rates, continue to dampen buyer and seller activity. This combination of factors has cooled the housing market, with fewer homes changing hands and reduced overall market activity. Monroe County, New York, continues to be the most active housing market in the nation.
*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.
