Median Home Prices and Mortgage Rates Climb [Infographic]

April 19, 2022 By Allan McNabb

Highlights

The March national median listing home price was over $400,000, an all-time high and an increase of 13.5% over March 2021 prices.
Rising interest rates are moderating the demand for homes. As a result, mortgage applications are down 40% from March 2021.
Home sellers are seeing a softening market. The share of homes for sale having a price reduction is up to 6% this year.
The national inventory of active listings declined by 18.9% over March 2021, while the total inventory of unsold homes, including pending listings, declined by 12.5%.

Learn More About Real Estate Investing

The Graystone Newsletter will keep you informed with important information relating to real estate investing. The newsletter includes information we share with our clients about the best places to invest in real estate, the latest trends, and the information you need to know to succeed investing in real estate.

Real estate investors, wholesalers, flippers, real estate agents, and everyone connected to the real estate industry will benefit from the wealth of information we share very month.

For more information about how we process your data, please click here to read our Privacy Policy.

Want To Learn More About Real Estate Investing?

By clicking this button, you consent to receive emails, calls, and text messages about our products and services at the email address and phone number you provided. You agree that such calls may be made using an automatic telephone dialing system, they may be considered telemarketing or advertising under applicable law, and that you are not required to provide your consent to these calls to make a purchase from us. For more information about how we process your data, please click here to read our Privacy Policy.

Median Home Prices and Mortgage Rates Climb [Infographic]

Highlights

Learn More About Real Estate Investing

Categories

Recent Posts