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U.S. housing market at a glance
Search for a state or metro, or click one on the map.
Insight11 of 51 states saw home values fall over the past 12 months. Biggest gain: New York (+5.6%). Biggest drop: Nevada (−1.6%).
Home value change, past 12 months · 50 states + DC
Source: Data Provided by Zillow Group · As of Sep 2026
Hover a state for its numbers. Click to zoom in.
United States · Past 12 months
- Typical home value
- $366,157
- ↑ 1.2%past 12 months
- Typical rent
- $1,932/mo
- ↑ 2.7%past 12 months
- Homes for sale
- 1.4M
- Active listings
- Days to pending
- 27
- Median days to contract
- 30-yr mortgage
- 7.18%
- ↓ 0.06 ptsvs last week · national
- Unemployment
- 3.9%
- Oct 2026 vs a year earlier
- Permits pulled
- 1,083,662
- ↓ 0.5%year to date vs last year
- Population growth
- +0.5%
- past year
Home values and rents: Data Provided by Zillow Group (Sep 2026). Unemployment: BLS. Permits and population: U.S. Census Bureau. Mortgage rate: Freddie Mac PMMS®.
Fund filings
SEC Form DFilings
582
Sold to date
$50.6B
Median minimum
$50,000
- CW SPV LLC
NC, filed
$4.7M
- Oakmont Partners, LLC /AL
AL, filed
$1.8M
Indefinite
- Tashi Capital Partners, LP
CA, filed D/A
$25M
Source: SEC EDGAR, Form D · As of Nov 10, 2026
Rates
Change vs prior- 30-year fixed7.18%down 0.06 pts
- 15-year fixed6.57%down 0.03 pts
- 10-year Treasury4.98%up 0.03 pts
Loan benchmarks
- 30-Day Average SOFR
- 3.91%up 0.01 ptsNov 10, 2026
- Prime rate
- 7.00%unchanged 0.00 ptsNov 9, 2026
- Construction loans10.43–12.59%—
- Hard money (fix-and-flip)9.99%—
SOFR is rounded to two decimals, and benchmark changes are calculated by Fidelis First. Construction and hard-money figures are survey-based ranges, not quotes.
Source: Freddie Mac Primary Mortgage Market Survey®; U.S. Treasury, daily par yield curve; Federal Reserve Bank of New York, SOFR Averages; Federal Reserve Board, H.15 Selected Interest Rates; NAHB, AD&C Financing Survey; National Private Lenders Association · As of Nov 10, 2026
The 30-Day Average SOFR is subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the 30-Day Average SOFR by Fidelis First, does not sanction or endorse any particular republication, and has no liability for your use.
Migration
Census · IRSNet domestic migration by state, 2025
Gaining people
- North Carolina+84.1K people
- Texas+67.3K people
- South Carolina+66.6K people
- Tennessee+42.4K people
- Arizona+31.1K people
- Georgia+27.3K people
Losing people
- Illinois−40K people
- New York−138K people
- California−229K people
Net income moving in by state: movers’ 2022 income, IRS returns filed 2022–23
Gaining income
- Florida+$20.6B in adjusted gross income
- Texas+$5.5B in adjusted gross income
- South Carolina+$4.1B in adjusted gross income
Losing income
- New York−$9.9B in adjusted gross income
- California−$11.9B in adjusted gross income
Source: U.S. Census Bureau, Population Estimates · As of Jul 2025
Source: IRS Statistics of Income, U.S. Population Migration Data
Fidelis First is not affiliated with or endorsed by the Internal Revenue Service.
Top stories
Wednesday, November 11, 2026
Markets
HELOC Balances Post Biggest Jump Since 2005
Home equity line balances rose $23 billion in the third quarter to $481 billion, the New York Fed reported Tuesday.
Alex Pham · Nov 11 · 2 min read
Business
The Children's Place Files for Chapter 11, Seeks Buyer
Erick Tarray · Nov 11 · 2 min read
Policy
Mamdani Signs NYC Law Giving Nonprofits First Offer
Erick Tarray · Nov 11 · 2 min read
Fed & Rates
Waller Floats Half-Point Hike After 0.3% Core CPI
Katia Clara · Nov 11 · 2 min read
Markets
U.S. Home-Sale Prices Fall for First Time Since 2023
Alex Pham · Nov 11 · 2 min read
What the big money is doing
Who is raising, buying and building, told through the people moving the money. Every story cites its sources.
Industry news by top CEOs (and the Fed)
BusinessSpaceX Plans $24 Billion Texas Data Center and Gas PlantNov 11, 2026 · 2 min read
MarketsOffice and Apartment Owners Face $19 Billion Refi GapNov 11, 2026 · 2 min read
BusinessDouglas Elliman Swings to $7.4 Million Q3 ProfitNov 11, 2026 · 2 min read
BusinessCRE Brokers See Flat Q4 After Rate SpikeNov 11, 2026 · 2 min read
BusinessRealty Income Raises Monthly Dividend for 137th TimeNov 11, 2026 · 2 min read
Fed & RatesARM Share of Mortgage Locks Hits Record 17%Nov 11, 2026 · 2 min read
Developers
Fund RaisesKKR Profit Rises 30% as Fee Earnings Hit RecordNov 10, 2026 · 2 min read$1.32B
Fund RaisesBlackstone's BREIT Sells $7B, Bets on Data CentersNov 9, 2026 · 2 min read$9.1B
HomebuildersBuilders Pay Howard Hughes $1.3 Million an AcreNov 9, 2026 · 2 min read$1.321M
Fund RaisesCarlyle Raised $10.8B, Barely Any for Real EstateNov 9, 2026 · 2 min read$0.1B
Fund RaisesBrookfield Raises $25 Billion, Just $900 Million for Real EstateNov 7, 2026 · 2 min read$25B
HomebuildersTri Pointe Orders Fall 20% as Margins ShrinkNov 6, 2026 · 2 min read20.2%
Rates
How borrowing costs have moved
The 30-year fixed mortgage rate is 7.18%, up 1.01 points from 12 months ago.
| Rate | Latest | 12 months ago | Change | Trend |
|---|---|---|---|---|
| 30-year fixed mortgageFreddie Mac Primary Mortgage Market Survey® · as of Nov 5, 2026 | 7.18% | 6.17% | ▲ 1.01 pts | |
| 15-year fixed mortgageFreddie Mac Primary Mortgage Market Survey® · as of Nov 5, 2026 | 6.57% | 5.41% | ▲ 1.16 pts | |
| 10-year TreasuryU.S. Treasury, daily par yield curve · as of Nov 10, 2026 | 4.98% | 4.11% | ▲ 0.87 pts | |
| 30-Day Average SOFRFederal Reserve Bank of New York, SOFR Averages · as of Nov 10, 2026 | 3.91% | 4.18% | ▼ 0.27 pts | |
| Prime rateFederal Reserve Board, H.15 Selected Interest Rates · as of Nov 9, 2026 | 7.00% | 7.00% | ■ 0.00 pts |
Construction loans and hard money are indicative ranges from industry surveys and aren’t tracked week to week, so they’re in the rates card above, not here. 30-Day Average SOFR rounded and changes calculated by Fidelis First. The 30-Day Average SOFR is subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the 30-Day Average SOFR by Fidelis First, does not sanction or endorse any particular republication, and has no liability for your use.