The housing market hotness index continued to decline to 96.96 for the week ending September 22nd, 2024. In 2023, the index reached this level only in November following the summer, suggesting a much earlier decline this year. The slowing market appears to be more than just a seasonal trend, as prospective buyers seem increasingly hesitant to enter the market. Monroe County, New York, remains the hottest housing market in the United States.
*Index values are subject to revision as deemed necessary, contingent upon the receipt of new or updated data.
