With mortgage rates near 6%, weekly housing demand recovered as winter weather effects began to fade from the data. The improvement appears to be more related to normalization after the late January snowstorm than to a structural acceleration in market activity. New listings also rose week on week, reinforcing signs that weather-related disruptions are easing.
Housing inventory has increased modestly, and the year-over-year price reduction rate is now nearly 1% lower than the same period in 2025. While some monthly sales reports continue to reflect snow-related disruptions, weekly data trends are beginning to stabilize.
HousingWire principal analyst Logan Mohtashami noted in this week’s Market Tracker that normalization is starting to show in forward-looking indicators.
“Housing inventory is up slightly and the year-over-year price reduction rate is now down nearly 1% from last week’s 2025 data. While I believe some monthly sales data will still reflect the snowstorm, weekly data is starting to normalize.”
The first signs of stabilization are becoming clearer in forward-looking figures. For a deeper analysis of the weekly data trends and signals shaping the spring market, read this week’s HousingWire Market Tracker.
Weekly ongoing sales
Current home sales provide an up-to-date, weekly view of housing demand, although data can be affected by holidays and short-term disruptions such as severe weather.
New pending sales totaled 59,469 for the week, compared to 60,316 for the same week in 2025.
Before the snowstorm, key leading indicators were consistently positive year after year. Total pending home sales, which are less volatile than weekly new home sales, have shown annualized growth every week through 2026.
Demand signals remain mixed following the snow disruption, although weekly sales figures point to gradual normalization.
Mortgage interest
Mortgage rates ended the week at almost 6% and remain at the low end of their recent range.
HousingWire principal analyst Logan Mohtashami noted in this week’s HousingWire Market Tracker that the recent interest rate move reflects bond market volatility rather than a fundamental shift in housing demand. A full overview of interest rate dynamics is available in his weekly analysis.
Weekly home inventory data
Active inventory rose from 687,697 to 690,547 in the week ending February 13.
In the same week last year, inventory rose from 632,325 to 637,984.
Year-over-year inventory growth has slowed to 8.24% from 33% earlier in the cycle, limiting upward price pressure and keeping overall supply below historical norms.
Seasonally, inventory typically starts to rise in late February or early March. Growth within that window would reflect normal seasonal patterns.
New entries
The number of new listings recovered last week to 54,324, compared to 56,558 in the same week in 2025.
During seasonal peaks between 2013 and 2019, new listings typically ranged between 80,000 and 100,000 per week. Current levels indicate normalization, but not acceleration.
Price reduction percentage
The price reduction rate last week was 32.13%, compared to 33% in the same week in 2025.
About a third of homes typically experience price reductions before they are sold. The current level reflects the continued sensitivity of buyer prices, even as mortgage rates remain around 6% and inventories gradually return to the market.
The coming week
This week, current home sales, new home sales, home starts and builder confidence data will be released, along with additional Federal Reserve speeches and inflation reports.
As the spring market window opens, incoming inventory data will help determine whether the recent normalization of demand and prices continues.
HousingWire used HW Data to uncover this story. This article is based on single-family home data through February 13, 2026. Generate housing market reports to see what’s happening in your own local market. For enterprise customers looking to license the same market data on a larger scale, visit HW Data.
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