Archive
Category: Market Update
Market Update
More Listings and Lower Rates
Mortgage interest rates continued to trend lower in October, ending the month at 6.17% for 30-year fixed-rate loans, the lowest level since early October 2024.
Market Update
Inventory Rises, Prices Ease Across Washington
Inventory is climbing, giving buyers more options, while home prices are showing signs of moderation after years of rapid growth.
Market Update
Dog days of August cool sales but expand opportunities for buyers
In August, both active listings and home sales declined compared to July—by 2.7% and 7.7%, respectively—across the 27 counties in the NWMLS coverage area.
Market Update
Market holds steady as high mortgage rate persists
At the end of July 2025, the 30-year fixed mortgage rate was 6.72%, virtually the same as the average rate over the past year.
Market Update
Available inventory in all NWMLS areas experiences highest growth since 2022
Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for June 2025.
Market Update
New listings continue to outpace sales as inventory builds
The real estate market continued to experience significant growth in housing inventory across NWMLS’s coverage area.
Market Update
Slow start to prime buying season in the marketplace
March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sellers.
Market Update
Early spring shows initial signs of market warm-up
March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sellers.
Market Update
Affordability and inventory remain challenges for the market
Traditionally a quiet month, February’s market activity reflected consumer sentiment in two important areas: affordability and available inventory.
Market Update
Market activity is increasing, but affordability remains questionable
Traditionally a quieter month in the winter season, January’s activity continued the year-over-year growth trends observed in market activity over the last twelve months.