New Dynamics in the U.S. Housing Market Amidst High Rates and Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy NWS?
Source: PRnewswire
- Market Dynamics Shift: Since January 2022, mortgage rates peaked at 7.79% and currently hover around 6.10%, while active inventory surged by 142.1%, yet the national median list price rose by 8.1%, indicating price resilience that burdens buyers.
- Lock-In Effect Impact: Over 50% of borrowers hold mortgage rates below 4%, creating a lock-in effect that restricts their mobility, resulting in insufficient market supply, and despite new listings, price pressures persist, affecting buyer choices.
- Significant Regional Differences: Active listings in the West and South increased by 211% and 178%, respectively, while the Northeast and Midwest saw only 23% and 68% growth, highlighting an uneven recovery with some areas still facing inventory shortages.
- Uncertain Market Outlook: While falling rates could ease the lock-in effect and attract more sellers, they may also reignite buyer demand, creating a supply-demand conflict, with future price trends dependent on sustainable growth in new listings and improved market liquidity.
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Analyst Views on NWS
About NWS
News Corporation is a diversified media and information services company. Its Digital Real Estate Services segment consists of the Company’s interest in REA Group and Move. REA Group is a digital media business specializing in property and property-related services on its Websites and mobile apps. Move is a provider of digital real estate services in the United States and primarily operates a real estate information, advertising and services platform, as well as its referral-based services, online tools and services to do-it-yourself landlords and tenants. Its Dow Jones segment consists of Dow Jones, a global provider of news and business information, which distributes its content and data through a variety of media channels. Its Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in 15 countries. Its News Media segment consists of News Corp Australia, News UK and the New York Post and includes The Australian, The Daily Telegraph, among others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Market Dynamics Shift: Since January 2022, mortgage rates peaked at 7.79% and currently hover around 6.10%, while active inventory surged by 142.1%, yet the national median list price rose by 8.1%, indicating price resilience that burdens buyers.
- Lock-In Effect Impact: Over 50% of borrowers hold mortgage rates below 4%, creating a lock-in effect that restricts their mobility, resulting in insufficient market supply, and despite new listings, price pressures persist, affecting buyer choices.
- Significant Regional Differences: Active listings in the West and South increased by 211% and 178%, respectively, while the Northeast and Midwest saw only 23% and 68% growth, highlighting an uneven recovery with some areas still facing inventory shortages.
- Uncertain Market Outlook: While falling rates could ease the lock-in effect and attract more sellers, they may also reignite buyer demand, creating a supply-demand conflict, with future price trends dependent on sustainable growth in new listings and improved market liquidity.
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- Supply and Demand Imbalance: Since January 2022, mortgage rates peaked at 7.79% and currently hover around 6.10%, while active inventory surged by 142.1%, yet the national median list price rose by 8.1%, indicating strong price resilience that burdens buyers.
- Lock-In Effect: Over 50% of borrowers hold mortgage rates below 4%, limiting their ability to sell, with many households facing the dilemma of replacing low-rate loans with nearly double the cost, exacerbating market liquidity issues.
- Significant Regional Disparities: Active listings in the West and South increased by 211% and 178%, respectively, while the Northeast and Midwest saw only 22.4% and 67.1% growth, highlighting uneven recovery, with cities like New York experiencing fewer listings than four years ago.
- Slow Market Adjustment: Despite a decrease in new listings, the increase in inventory is primarily due to longer market times for existing listings, as sellers prefer to wait for price recovery rather than aggressively cut prices, thus stifling market liquidity.
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- Cultural and Real Estate Intersection: Realtor.com® is hosting an Open House at its Austin headquarters during SXSW 2026, aiming to merge culture with real estate while engaging media, partners, and locals to discuss housing-related topics, showcasing the company's commitment to the community.
- Innovation Showcase: On the second day of the event, Realtor.com® collaborates with the National Association of REALTORS® to host the PropTech Startup Showdown, where six startups pitch their innovative solutions in the real estate sector, driving technological advancements in the industry.
- Rise of Female Homebuyers: The event will highlight the economic power of female homebuyers, as single women now outpace single men in home purchases nationwide, reflecting their crucial role in financial independence and long-term wealth creation, emphasizing housing's impact on generational wealth.
- Housing and the American Dream: Discussions will focus on how homeownership serves as a key driver of generational wealth, analyzing the costs of delaying home purchases and its implications for future prosperity, aiming to preserve housing as a pathway to success.
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- Event Overview: Realtor.com® is hosting a two-day Open House during SXSW 2026, designed to merge culture, innovation, and real estate, attracting media, partners, and local residents to engage in meaningful discussions.
- Star Lineup: The event features live performances by cookbook author and country music entertainer Hannah Dasher, along with an evening party by music duo Dorio, enhancing the event's appeal and participation.
- Startup Competition: On March 13, the PropTech Startup Showdown will showcase innovations in real estate technology, fostering collaboration and dialogue within the industry to drive future market developments.
- Economic Power of Female Homebuyers: The March 14 programming will delve into the rising influence of female homebuyers and their impact on the housing market, emphasizing the significance of homeownership in generational wealth, with industry leaders participating in discussions.
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- Government Funding Initiative: News Corp announced it will match the U.S. government's one-time $1,000 contribution to the 'Trump Accounts', aimed at providing financial support for children born in the U.S. between 2025 and 2028, thereby enhancing family financial security.
- Employee Participation Opportunity: Starting in July, eligible U.S. employees will have the chance to participate in this pilot program, receiving a $1,000 seed contribution from the U.S. Treasury to help establish a financial foundation for their children during critical growth stages.
- Corporate Strategic Intent: News Corp CEO Robert Thomson stated that the matching contribution aims to strengthen the financial situation of employees' children at a crucial developmental moment, reflecting the company's commitment to its employees and their families.
- Global Business Overview: News Corp is a global, diversified media and information services company focused on creating and distributing authoritative content, with operations spanning information services, digital real estate services, and book publishing across various regions.
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- Announcement of Contribution: U.S. government announces a $1,000 contribution to children's investment accounts.
- Purpose of Contribution: The funding aims to support children's financial futures and promote savings for education and other expenses.
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