National Real Estate Insights - March 2024 - Compass

The Compass National Real Estate Insights for March 2024 highlight significant trends affecting the real estate market. Key insights include a long-term view of median house sales prices peaking in spring, regional price and appreciation variations, an uptick in new listings, sales speeds compared to the pandemic boom, and sales volumes impacted by interest rates and low inventory. Additionally, all-cash purchases are on the rise, supply remains low, and mortgage interest rates have stabilized. Factors such as the Federal Reserve's rate decisions, stock market highs, and homeowner's insurance rate increases due to natural disasters are also influencing the market. 

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