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Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season?

Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up

New-Home Sales

These Resources Can Help First-Time Buyers Achieve Homeownership

For years, first-time buyers have been bogged down by soaring housing costs and fierce competition, but these programs could offer a more affordable starting point


Asking Rents Post Smallest Increase in Nearly Two Years

The median asking rent is at its lowest level in a year as persistently high housing costs quell demand, but experts say rents could soon bottom out


Housing Affordability: Why This Downturn Is Different

The current shortage of affordable homes is due to more than just undersupply in the market


Will Home Prices Bottom Out in 2023?

Soaring mortgage rates are forcing sellers to lower their asking prices in order to attract budget-conscious buyers, and with more rate hikes on the horizon, home prices are falling quickly

Market Data + Trends

America’s Rental Housing Report—One Year Later

One year ago, Harvard's Joint Center for Housing Studies released its 2022 Rental Housing Report at a tumultuous time for the rental market. At the start of 2023, many of the same challenges persist

New-Home Sales

Homebuyers Persevere Despite Rising Mortgage Rates, Home Prices

Interest rates are on the rise, but prospective buyers are still forging ahead with home purchases at the start of the spring market

Market Data + Trends

Housing Sentiment Tumbles Amid Affordability Constraints

Homebuyers and sellers share a similar outlook on the housing market as elevated borrowing costs and house prices prolong a worsening affordability crisis


As Mortgage Rates Rise, the Share of Million-Dollar Homes Is Falling

Million-dollar homes account for a smaller share of the real estate market than they did one year ago as elevated mortgage rates force sellers to slash their asking prices

Housing Markets

Here Are the Markets Where Prices Are Expected to Rise—and Fall—in 2023

The U.S. housing market is cooling after a period of hasty homebuying during the COVID-19 pandemic, but some real estate destinations are poised to see strong growth in the year ahead

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