Archive
Category: Monthly Market Update
Monthly Market Update
Available inventory in all NWMLS areas experiences highest growth since 2022
Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today release...
Monthly Market Update
New listings continue to outpace sales as inventory builds
The real estate market continued to experience significant growth in housing inventory across NWMLS’s coverage area.
Monthly Market Update
Slow start to prime buying season in the marketplace
March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sel...
Monthly Market Update
Early spring shows initial signs of market warm-up
March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sel...
Monthly Market Update
Affordability and inventory remain challenges for the market
Traditionally a quiet month, February’s market activity reflected consumer sentiment in two important areas: affordability and available i...
Monthly Market Update
Market activity is increasing, but affordability remains questionable
Traditionally a quieter month in the winter season, January’s activity continued the year-over-year growth trends observed in market activ...
Monthly Market Update
Mortgage rate increase throws curveball into market
Despite hopes among potential home buyers and sellers, as well as economists’ predictions, the Federal Reserve Bank’s three interest rat...
Monthly Market Update
Persistently high prices put strain on market affordability
The seasonal slowdown of the real estate market has begun, as evidenced by the month-over-month decrease of active listings.
Monthly Market Update
Unsettled mortgage rates prolong uncertainty in the market
Closed sales increased by over 11% month-over-month, driven by a brief downturn in mortgage rates and a boost in buyer confidence amid hopes...
Monthly Market Update
Lowered mortgage rates provide boost but affordability remains elusive
The further reduction of interest rates in September by the Federal Reserve provided a positive end-of-the-summer boost to the market.