Insight
The price-cut percentage for last week was 37.53% in 2026, slightly lower than 39% in 2025.
Housing demand stays positive with mortgage rates near 2026 highs
Summary
Housing demand remains positive despite rising mortgage rates near 2026 highs. Pending home sales and purchase applications show year-over-year growth, indicating resilience. Inventory is slightly down year-over-year but at healthier levels than 2020-2023.
Key takeaway