Current Market Data

NAR: Staging a home can increase sale price by up to 10%

Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.  

Cotality: Pace of home-price growth slows in March on economic concerns 

Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.

March’s interest-rate slide prompts jump in pending home sales 

The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.

March home sales slide in Illinois, Chicagoland but inch higher in the city 

At the same time, “historically low” inventory managed to post gains, Illinois REALTORS® said. 

New-home sales climb in March in the face of high mortgage rates

The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.

Matthew Gardner’s Q1 2025 market insights

Prominent real estate economist Matthew Gardner shares insights on the first quarter of 2025 — including his takes on tariffs, immigration, brokerage acquisitions, mortgage rates and more.

Suburban homes take longer to sell in March

In addition to homes sales declining, deals also took longer to close, Mainstreet REALTORS® said.

New-home construction drops more than expected in March 

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

Millennial homebuyers value quality over space

A majority of millennial home buyers would choose a smaller home if it offered better amenities, according to a new report from National Association of Home Builders.

Zillow: How online listing stats affect the speed of home sales

“Each interaction indicates buyer interest in that home, and listings with higher engagement levels tend to sell faster and at or above the list price,” Zillow Senior Economist Kara Ng explained.

Once again, baby boomers make up the largest share of homebuyers

“In a plot twist, baby boomers have overtaken millennials — the largest U.S. population — to become the top generation of homebuyers,” said Jessica Lautz, NAR’s deputy chief economist and vice president of research.

Better Homes’ 2025 Home Trends Insights advises DIYers on the best ways to sell 

The annual report surveyed agents in the Better Homes and Gardens Real Estate network to find out how they’re helping clients get their homes ready to list. 

Mortgage applications decreased last week while purchase applications shot up

Meanwhile, purchase applications showed their strongest increase in almost two months, rising 7% year over year.

Pending home sales post surprise gain in February but remain sluggish 

The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain. 

Over 90% of first-time sellers are driven by pandemic buying mistakes

Young homeowners are the most likely to regret their home purchases: 94% of Gen Z and 86% of Millennial sellers acknowledged buying mistakes, compared to 48% of baby boomers.

2025 design trends in the Best in American Living Awards

Traditional charm, modern simplicity and an intentional combination of the two are on-trend for 2025 based on the big winners of the just-released 2024 Best in American Living Awards.

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