Housing Market Hotness Index Jul 21, 2024

Line chart image showing Housing Market Hotness Index Jul 21, 2024

The Market Hotness Index was at 102.57 for the week ending July 21st, 2024, a tad lower from 102.81 the previous week. High prices and mortgage rates continue to stifle demand, while a slowly growing housing supply remains significantly below what is needed for a balanced market. Monroe County, New York, remains the hottest market for the week.

*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.

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