From rates to inventory, here’s where the US housing market stands in 4 charts

• Mortgage rates are sitting just shy of 8%, the highest they’ve been in over 20 years.
• Home prices have ticked up, with the median sale price at $431,000, up 35% since 2019.
• Here are four charts that show the state of the US housing in the final quarter of 2023. 

The US housing market is in a tough spot. 

With mortgage rates the highest in decades and inventory levels lagging historical norms, buyers and sellers are still struggling to navigate the market after an already difficult 2023.