October 2022 US Housing Market Indicators: Home Sales Decline as Mortgage Rates Hit 2002 Levels

What's Inside

The Coresight Research monthly US Housing Market Indicators report analyzes nine indicators to assess the health of the US housing market, with implications for home and home-improvement retailers. The most recent data show that all home sales have declined as mortgage rates rise.

Data in this report include:

• US housing permits, starts and completions for September 2021–September 2022
• US existing home sales for September 2021–September 2022
• US pending home sales index for September 2021–September 2022, overall and by region
• US new home sales and year-over-year change for September 2021–September 2022
• US housing affordability index for August 2021–August 2022

 Companies mentioned in this report are: Floor and Decor, Home Depot and Lowe’s

Other relevant research:

• How the US Home and Home-Improvement Market Can Target Millennials
• Market Outlook: US Home-Improvement Retailing—Personalization and the Resurrection of In-Store Retail
• 10 Trends in US Furniture and Home-Furnishings Retailing
• Read our complete coverage of the home and home-improvement sector.
• View our full collection of monthly reports that keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China.