The Housing Market Hotness Index remained relatively unchanged at 95.49 for the week ending November 3rd, showing only a slight increase from the previous week’s 95.32. The housing market seems to be frozen, primarily due to rising mortgage rates and the typical seasonal dip in activity during the fall and winter months. Monroe County, New York, continues to be the most active housing market in the nation.
*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.