The Market Hotness Index was at 102.57 for the week ending July 21st, 2024, a tad lower from 102.81 the previous week. High prices and mortgage rates continue to stifle demand, while a slowly growing housing supply remains significantly below what is needed for a balanced market. Monroe County, New York, remains the hottest market for the week.
*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.