Realtor.com® Schedules Housing Market Data Releases

The Realtor.com® Economics team is set to release a series of reports and economic indicators throughout the upcoming week, providing insights into the trajectory of the housing market. The proprietary releases commence on Monday with senior economist Jiayi Xu's July rental trends report. This report will analyze the current costs associated with renting versus purchasing a home, offering a comparative financial perspective for consumers. On Tuesday, senior economist Hannah Jones will present new findings regarding cash buyer trends, a segment of the market that can significantly influence demand and pricing dynamics. Following this, on Wednesday, Jiayi Xu will publish a housing alignment report. This report will compare the listed prices of popular online real estate listings with the available housing inventory, aiming to identify potential discrepancies or alignment in market expectations. The week's proprietary releases will conclude on Thursday. Senior economist Anthony Smith will delve into the luxury real estate markets of two prominent beach towns in his "Coastal Luxury Market Showdown." Concurrently, Jiayi Xu will share Realtor.com®'s latest Weekly Housing Data, offering a snapshot of the most current market conditions.

Beyond Realtor.com®'s internal analyses, several significant broader economic reports are scheduled for release, with Tuesday being a particularly pivotal day. The U.S. Census Bureau is slated to publish its New Residential Construction data. Expectations for this release include a desire for smoother trends in multifamily construction projects and a hopeful turn towards growth in single-family housing permits. Also on Tuesday, the National Association of Realtors® is expected to release Pending Home Sales data. Analysts anticipate some softness in this report, which is likely to reflect the impact of rising mortgage rates throughout the month of July. These pending sales figures are a key indicator of future home closings and market momentum.

Further economic data will be available on Thursday with Freddie Mac's weekly mortgage rate update. Following recent increases in interest rates, the market is anticipating a period of baseline stability in mortgage rates for the current week. However, the report notes that geopolitical events remain a potential wildcard that could influence consumer behavior and market sentiment for prospective homebuyers. For individuals seeking access to the full reports, the Market Clock tool, and raw housing data, these resources will be available on realtor.com/research. The comprehensive data releases aim to equip stakeholders with a clearer understanding of current housing market conditions and future trends.