As summer winds down, I’m noticing some interesting shifts in our housing market. New home listings across the U.S. have ticked up by 1.2%, reaching a three-month high. At the same time, pending sales have dipped by 1.3%, marking their lowest point since March. The median asking price has nudged down by 0.1%, even though we’re still seeing a 1.8% increase in the median sale price year-over-year. These trends reflect the ongoing impact of higher mortgage rates and a bit of economic uncertainty. With over 14 years in real estate, I’ve learned that reading between the lines of these numbers helps buyers and sellers make confident decisions—whether you’re searching for a new place to call home or considering your next move in the market.
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