Spring Housing Market Rises, But Buyers Still Cautious -- Market Talk

Dow Jones04-03

0600 ET - The U.S. housing market showed recovery signs this spring, with inventory rising for the 17th consecutive month, according to Realtor.com. More homes are available, but buyer caution--driven by economic uncertainty and personal finance concerns--led to a 5.2% year-over-year drop in pending sales across major metros in March. Of 44 metros analyzed, 36 saw declines year-over-year, with Jacksonville, Miami, and Virginia Beach hit hardest. Washington, D.C., ranked 10th with a 7.9% drop. The national median list price held steady at $422,450, down 0.1% from last year, though 17.4% of listings saw price cuts--the highest March share since 2016. Sellers in high-reduction markets may need to adjust expectations, while those in tighter markets can still find demand with proper pricing, Realtor.com says. (chris.wack@wsj.com)

(END) Dow Jones Newswires

April 03, 2025 06:00 ET (10:00 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2524399382?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-03 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524399382","market":"us","top_or_hot":-1,"title":"Spring Housing Market Rises, But Buyers Still Cautious -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0600 ET - The U.S. housing market showed recovery signs this spring, with inventory rising for the 17th consecutive month, according to Realtor.com. More homes are available, but buyer caution--driven by economic uncertainty and personal finance concerns--led to a 5.2% year-over-year drop in pending sales across major metros in March. Of 44 metros analyzed, 36 saw declines year-over-year, with Jacksonville, Miami, and Virginia Beach hit hardest. Washington, D.C., ranked 10th with a 7.9% drop. The national median list price held steady at $422,450, down 0.1% from last year, though 17.4% of listings saw price cuts--the highest March share since 2016. Sellers in high-reduction markets may need to adjust expectations, while those in tighter markets can still find demand with proper pricing, Realtor.com says. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 06:00 ET (10:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spring Housing Market Rises, But Buyers Still Cautious -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpring Housing Market Rises, But Buyers Still Cautious -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-03 18:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0600 ET - The U.S. housing market showed recovery signs this spring, with inventory rising for the 17th consecutive month, according to Realtor.com. More homes are available, but buyer caution--driven by economic uncertainty and personal finance concerns--led to a 5.2% year-over-year drop in pending sales across major metros in March. Of 44 metros analyzed, 36 saw declines year-over-year, with Jacksonville, Miami, and Virginia Beach hit hardest. Washington, D.C., ranked 10th with a 7.9% drop. The national median list price held steady at $422,450, down 0.1% from last year, though 17.4% of listings saw price cuts--the highest March share since 2016. Sellers in high-reduction markets may need to adjust expectations, while those in tighter markets can still find demand with proper pricing, Realtor.com says. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 06:00 ET (10:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWS","symbol_name":"新闻集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524399382","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524399382","pubTimestamp":1743674400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0600 ET - The U.S. housing market showed recovery signs this spring, with inventory rising for the 17th consecutive month, according to Realtor.com. More homes are available, but buyer caution--driven by economic uncertainty and personal finance concerns--led to a 5.2% year-over-year drop in pending sales across major metros in March. Of 44 metros analyzed, 36 saw declines year-over-year, with Jacksonville, Miami, and Virginia Beach hit hardest. Washington, D.C., ranked 10th with a 7.9% drop. The national median list price held steady at $422,450, down 0.1% from last year, though 17.4% of listings saw price cuts--the highest March share since 2016. Sellers in high-reduction markets may need to adjust expectations, while those in tighter markets can still find demand with proper pricing, Realtor.com says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWS":"新闻集团","BK7038":"出版","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","NWS.AU":"NEWS CORP - CLASS B- CDI","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","NWSA":"新闻集团","BK4111":"出版"},"translate_title":"春季房地产市场上涨，但买家仍持谨慎态度——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWS":0.9,"NWS.AU":0.9,"NWSA":0.9},"content_text":"0600 ET - The U.S. housing market showed recovery signs this spring, with inventory rising for the 17th consecutive month, according to Realtor.com. More homes are available, but buyer caution--driven by economic uncertainty and personal finance concerns--led to a 5.2% year-over-year drop in pending sales across major metros in March. Of 44 metros analyzed, 36 saw declines year-over-year, with Jacksonville, Miami, and Virginia Beach hit hardest. Washington, D.C., ranked 10th with a 7.9% drop. The national median list price held steady at $422,450, down 0.1% from last year, though 17.4% of listings saw price cuts--the highest March share since 2016. Sellers in high-reduction markets may need to adjust expectations, while those in tighter markets can still find demand with proper pricing, Realtor.com says. (chris.wack@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 06:00 ET (10:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2524399382","isCrawlerRequest":true}