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Our research team releases monthly housing trends reports. These regular reports break down inventory metrics like the number of active listings and the pace of the market. In addition, we continue to give readers more timely weekly updates, an effort that began in response to the rapid changes in the economy and housing. Generally, you can look forward to a Weekly Housing Trends View and the latest weekly housing data on Thursdays and weekly video updates from our economists. Here鈥檚 what the housing market looked like over the past week.

What this week’s data means

The Best Time To Sell has arrived, offering sellers optimal seasonal housing conditions to get more buyer attention and a higher sale price than the year鈥檚 average. However, the recent back-and-forth on tariffs could cause some would-be buyers and sellers to feel concerned. For now, most tariffs have been put on hold, which has allowed some improvement in the stock and bond markets. However, widespread uncertainty surrounding upcoming policy changes could mean continued volatility. Since stock market returns often contribute to down payments, housing decisions revolve around job stability, and mortgage rates typically follow the trend of the 10-year Treasury yield, unpredictability of the stock, bond, and labor markets could introduce some risk to buyer and homeowner plans.

听Key national findings

• New listings鈥攁 measure of sellers putting homes up for sale鈥攊ncreased 12.8%New listings were up 12.8% compared with this time last year, marking the 14th straight week of annual growth. The best time to sell has arrived, bringing the best combination of housing dynamics for sellers. New listings are expected to continue climbing in the coming weeks, bringing more competition for sellers. This uptick in inventory is also a positive sign for buyers who have been eagerly waiting for fresh options to enter the market.
• Active inventory climbed 31.2% from a year ago
  The number of homes actively for sale remains significantly higher than last year, continuing a 75-week streak of annual gains. This year-over-year growth in inventory gives buyers more choices and encourages more competitive pricing among sellers. Generally, the number of homes up for sale is still below pre-pandemic norms, and the long-standing supply gap will continue to put pressure on prices in undersupplied areas.听
• Homes spent 4 days longer on the market than last year
  Market pace has not sped up on an annual basis in nearly a year, giving buyers more time to make decisions. However, homes still spend slightly less time on the market than was common pre-pandemic, speaking to the generally tense housing conditions. Homes are now spending four additional days on the market compared with this time last year, matching last week鈥檚 annual gap. Slowing time on the market speaks to the slightly more buyer-favoring housing environment compared with recent years, offering more room for negotiation and comparison shopping.
• The median list price was flat year over year
  The national median list price was flat compared with a year ago, aligning with the recent trend of flat or falling prices after last week鈥檚 slight uptick. In particular, recent economic uncertainty and concerns around job security could keep buyers on the sidelines, potentially applying downward pressure on prices.

Price per square foot鈥攁 measure that helps account for changes in the size of homes on the market鈥攔ose 1.1% year over year. This suggests that while overall prices haven鈥檛 moved much, the underlying value of homes, when adjusted for size, has edged slightly higher. Meanwhile, the share of homes with a price reduction ticked up by 0.7 percentage points, a sign that sellers are searching for the price point that stokes buyer attention.

National Data Summary