U.S. HOME PRICES POST FASTEST GROWTH IN A YEAR

Sept. 22 — Nearly half of U.S. buyers got seller concessions

Redfin home-price report

44.7% of U.S. home sales included seller concessions in August, the highest share for the month since at least 2020. Buyers are getting help with closing costs, repairs and mortgage-rate buydowns even while headline prices remain elevated.

Sept. 9 — Housing supply hits a six-year high

Redfin housing supply report

Total homes for sale reached the highest level since 2020, while closed sales fell to their lowest level in more than a year. The median mortgage rate was 6.67%.

Sept. 17 — Pending home sales remain weak

Reuters housing report

Pending sales were down 4.7% year over year despite edging up 0.3% in August. The 30-year mortgage rate was 6.76%, and contract signings were running roughly 30% below pre-pandemic levels.

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