Explore the latest developments concerning Positive housing demand.
Positive housing demand leads to inventory almost going negative YOY
Weekly pending home sales rose to 79,220, up from 74,212 a year ago, showing resilient demand even with mortgage rates near yearly highs. Inventory growth slowed to 1.49% year over year as spreads stayed improved near 1.96%, keeping rates below 7%. AI Summary
Housing data once again remained resilient last week even as mortgage rates are closer to yearly highs than lows, with demand hitting multiyear highs in our weekly pending home sales data. Housing isn’t booming by any means, but it’s holding up well considering all the drama we have had in 2026. Also, our weekly active inventory data is on the verge of going negative year over year.
U.S. home prices just jumped the most in more than a year
Home prices are getting higher, heading up the most last month in more than a year.
The median sales price for a house in the U.S. reached $396,173 in April, a 1.6% increase from the previous month but 2.4% higher than April 2025, according to a new analysis by the online brokerage Redfin.
Thatâs the biggest year-over-over price hike since March 2025, when the cost went up 2.5%.
The reason, Redfin says, is that buyers are starting to come off the sidelines. Economic uncertainty, stemming from President Donald Trumpâs tariff policies that have been struck down by the courts, has caused many Americans to postpone big purchases.
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