Understanding the housing market requires more than headlines — it requires data. We track median home prices, 30-year fixed mortgage rates, housing inventory levels, building permit activity, housing starts, and key economic indicators from the Federal Reserve, Census Bureau, NAR, Freddie Mac, and Case-Shiller. Our analysis goes beyond the numbers to explain why the market moves the way it does — and how government intervention distorts price signals that would otherwise guide supply and demand toward equilibrium.

Newly constructed modern suburban home alongside an older 1970s-era residential street
Market Data

The Price Inversion: Why New Homes Are Now Cheaper Than Used Ones

In Q4 2025, new homes cost $9,600 less than existing ones — reversing a $66,000 historical premium. What the inversion reveals about rate lock-in, aging supply, and distorted price signals.

·8 min
Weekly housing market data dashboard showing mortgage rate trends and builder confidence metrics
Market Data

Friday Market Recap — March 21, 2026: Fed Holds, Rates Climb to 6.22%, and the Spring Market Stalls

Week of March 17–21: FOMC held at 3.5–3.75%. 30-year rate jumped to 6.22%. Builder confidence stuck at 38 — 21st month below 50.

·8 min
Modern multi-story apartment building facade at dusk with illuminated windows
Market Data

The Housing Inflation Trap: How Shelter CPI's Grip on the Numbers Is Keeping the Fed's Hands Tied

Shelter CPI rose 3.0% in February 2026 — the single biggest driver of inflation. Here's why the OER lag keeps rates elevated and what only supply can fix.

·7 min
Market Data

Friday Market Recap — March 13, 2026: Rates Rebound, Tariffs Hit, and the Spring Market Faces a Dual Squeeze

30-year rate rebounded to 6.11% after briefly breaking below 6%. Tariffs added $10,900+ per home. Full weekly data dashboard.

·10 min
Market Data

Housing Market 2026: Key Metrics Every Buyer Should Watch

Mortgage rates, median prices, inventory levels, affordability index — the essential numbers and what they mean.

·6 min
Market Data

The Housing Affordability Index: What It Is and Why It's at Historic Lows

The NAR Housing Affordability Index is at its lowest in 40 years. Here's what it measures and what it reveals.

·6 min