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March 2024 Housing Report

Information in this report covers residential real estate activity in St. Louis City and County combined and is provided by Mid America Regional Information Systems (MARIS). Percent changes are calculated using rounded figures. US existing-home sales improved for the second month in a row, jumping 9.5% to a seasonally adjusted annual rate of 4.38 million units,…

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January 2023 Housing Report

Information in this report covers residential real estate activity in St. Louis City and County combined and is provided by Mid America Regional Information Systems (MARIS). Percent changes are calculated using rounded figures. The U.S. housing market began the year in a state of rebalance, with many buyers and sellers remaining cautious while they wait to…

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Housing Inventory Continues to Rise

Based on data from a national housing report, inventory levels are continuing to rise, with a two-month supply currently on the market. This number hasn’t been seen in almost two years, which is good news for buyers. Other encouraging numbers show the housing market is becoming more balanced. For example, the median sales price decreased by…

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Housing Outlook Update

by Parker Ross, Senior Vice President, Chief Economist, Arch Capital Services LLC, and Leonidas Mourelatos, Director of Real Estate Economics – Issue 3-2022 The U.S. housing market is entering a period of transition that — in the end — will be healthy for its long-term health. While we peg the odds of a recession in the…

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Real Estate – Fall Update

School has started, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace, with continued low-interest rates and limited inventory fueling record-high sales prices. We have seen the median existing-home sales price exceed $350,000, a 24 percent increase and the largest year-over-year increase since 1999,…

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