Suburbs
The housing market in the US has been hobbled by decades-high mortgage rates and stubbornly high prices.
  • Mortgage rates are sitting just shy of 8%, the highest they've been in over 20 years.
  • Home prices have ticked up, with the median sale price at $431,000, up 35% since 2019.
  • Here are four charts that show the state of the US housing in the final quarter of 2023. 

The US housing market is in a tough spot. 

With mortgage rates the highest in decades and inventory levels lagging historical norms, buyers and sellers are still struggling to navigate the market after an already difficult 2023. 

From rates, to inventory, to sale prices, here are four charts that show the state of the US housing market in the final quarter of the year.