According to recent data from Zillow, housing inventory and pending home sales both rose 5% last month.

Housing everywhere is less affordable, but the affordability crisis is accelerating fastest in rural areas, according to an analysis by Redfin.

They’re worried about the economy going forward — and may be hoping for even lower interest rates and home prices.

Fewer tenants reported falling behind on rent, but landlords complained that they fell behind on making repairs.

Zillow reports new listings in August fell 7.3% from July, though total inventory is still up year-over-year.

The increase could be partially due to rising unemployment and stalling job creation.

The number of households that are homeowners in the U.S. has fallen, ever so slightly, by 0.1% year on year. Still, today’s homeownership rate of 65% is par for the course. 

“A lot of that information on what the Fed is going to do in September is already priced in” to current mortgage rates, said Zillow economist Kara Ng.

New data underscores the “resilience” of first-time homebuyers.

Higher mortgage rates have prevented many first-time homebuyers from purchasing a home.