Daily market update: March 21, 2017

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Mortgage rates:

Home equity rates:

Most recent market news:

March 2017 Re/Max National Housing Report:

  • February 2017 home sales were down 0.02 percent from February 2016.
  • Active inventory reached a record low for February, dropping 17.9 percent year-over-year. Average days on market dropped from 75 in February 2016 to 68 in February 2017.
  • The median sales price was $212,000, up 6 percent year-over-year.

Email market reports to press@inman.com.