Market Trends

Monitor supply, demand, financing, and pricing to make informed decisions.

Key Drivers

Understand the forces shaping local markets

Supply

Inventory levels and new construction affect pricing power and transaction pace.

Demand

Population trends, employment, and migration patterns influence buyer activity.

Financing

Mortgage rates, lending standards, and affordability shape transaction volume and price trajectories.

Pricing

Price indices and local comparables reveal appreciation, stagnation, or declines across segments.

Indicators

Track measures that reflect market momentum

Monthly Supply

Lower supply often supports price stability; higher supply can pressure pricing, especially when demand softens.

Days on Market

Shorter timelines indicate stronger demand or tight inventory; longer timelines can signal cautious buyers or pricing above market.

Price-to-Rent Ratio

Helps evaluate buy vs rent decisions and rental investment appeal relative to local wages and costs.

Affordability Index

Combines income, rates, and prices to gauge how accessible ownership is for median households.

Frequently Asked Questions

Clear answers to common market questions

How do rates affect prices?

Higher rates reduce affordability and can cool demand; lower rates often support price resilience by enabling buyers.

What signals a shift?

Changes in supply, days on market, and price trends together can indicate transitions between seller and buyer markets.

Are averages sufficient?

Segment-level analysis often reveals differing dynamics across property types and neighborhoods beyond headline averages.

How do I stay updated?

Consult local reports, reputable indices, and licensed professionals for timely, region-specific context and guidance.