Housing inventory was up nationally by 2% according to realtor.com, ending 4 years of severe inventory declines
But don’t expect homes to get cheaper anytime soon with demand remaining high
Low inventory and rising home prices have continued to push pending home sales down, according to NAR report
A strong economy, robust jobs growth and continued short-term rate hikes all contributed to this week's 7-year high
The news, while positive, comes as homebuyers continue to face rising mortgage rates and soaring home prices
The 30-year fixed rate has not been this high since May, says Freddie Mac
Stability in borrowing costs comes despite the highest core inflation rates since 2008, according to Freddie Mac survey
A third of the 45 largest cities in the US saw an increase in the number of houses on the market, according to realtor.com's July report
The 30-year fixed mortgage rate is still up more than half a percent from last year, according to Freddie Mac
Freddie Mac Chief Economist Sam Khater says buyers would be smart to act on rate decreases now
Favorable economy, moderate mortgage rates and low inventory are leading to continuous price surge
Good news for an inventory-challenged market, but a shortfall of new permits could spell trouble down the line
First American Chief Economist, Mark Fleming, says buyers will be able to absorb the increase in borrowing costs thanks to wage hikes
Median household can only afford 20 percent of homes in some states
Find out what's driving the listing shortage and how to handle it