With mortgage charges close to 6%, weekly housing demand rebounded as winter climate results started fading from the info. The development seems tied extra to normalization following the late-January snowstorm than to a structural acceleration in market exercise. New listings additionally elevated week over week, reinforcing indicators that weather-related distortions are easing.
Housing stock rose modestly, and the year-over-year price-cut share is now almost 1% decrease than throughout the identical interval in 2025. Whereas some month-to-month gross sales studies should still mirror snow-related disruptions, weekly information tendencies are starting to stabilize.
HousingWire lead analyst Logan Mohtashami famous on this week’s Market Tracker that normalization is starting to point out up in forward-looking indicators.
“Housing stock picked up a smidge, and the year-over-year value lower share is now down virtually 1% versus 2025 information final week. Whereas I do imagine a few of the month-to-month gross sales information will nonetheless mirror the snowstorm, the weekly information is beginning to normalize.”
The early indicators of stabilization are clearer in forward-looking metrics. For a deeper breakdown of the weekly information tendencies and alerts shaping the spring market, learn this week’s HousingWire Market Tracker.
Weekly pending gross sales
Pending residence gross sales present a well timed week-to-week view of housing demand, although the info could be influenced by holidays and short-term disruptions similar to extreme climate occasions.
New pending gross sales totaled 59,469 for the week, in comparison with 60,316 throughout the identical week in 2025.
Earlier than the snowstorm, key main indicators have been constantly optimistic yr over yr. Complete pending residence gross sales, that are much less risky than weekly new pendings, have proven year-over-year development each week to this point in 2026.
Demand alerts stay blended following the snow disruption, although weekly pending gross sales level to gradual normalization.
Mortgage charges
Mortgage charges ended the week close to 6% and stay towards the decrease finish of their latest vary.
HousingWire lead analyst Logan Mohtashami famous on this week’s HousingWire Market Tracker that latest charge motion displays bond market volatility relatively than a basic shift in housing demand, with a full breakdown of charge dynamics out there in his weekly evaluation.
Weekly housing stock information
Lively stock elevated from 687,697 to 690,547 in the course of the week ending Feb. 13.
Throughout the identical week final yr, stock rose from 632,325 to 637,984.
12 months-over-year stock development has slowed to eight.24%, down from 33% earlier within the cycle, limiting upward value strain whereas holding general provide under historic norms.
Seasonally, stock usually begins rising in late February or early March. Progress inside that window would mirror regular seasonal patterns.
New listings
New listings rebounded to 54,324 final week, in comparison with 56,558 throughout the identical week in 2025.
Throughout seasonal peak durations between 2013 and 2019, new listings usually ranged between 80,000 and 100,000 per week. Present ranges counsel normalization however not acceleration.
Worth-cut share
The worth-cut share final week was 32.13%, in comparison with 33% throughout the identical week in 2025.
Roughly one-third of houses usually endure value reductions earlier than promoting. The present stage displays ongoing purchaser value sensitivity at the same time as mortgage charges maintain close to 6% and stock steadily returns to the market.
The week forward
This week will carry pending residence gross sales, new residence gross sales, housing begins and builder confidence information, together with extra Federal Reserve speeches and inflation studies.
Because the spring market window opens, incoming stock information will assist decide whether or not the latest normalization in demand and pricing continues.
HousingWire used HW Data to supply this story. This text is predicated on single-family residence information via Feb. 13, 2026. To see what’s taking place in your personal native market, generate housing market reports. For enterprise purchasers seeking to license the identical market information at a bigger scale, visit HW Data.
