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2019 Oahu Mid-Year Market Update

At midyear, the median price for a single-family home was essentially flat over the same time last year, while median condo prices dipped by three percent. This comes as residential real estate sales have slowed, about 10 percent lower than the first half of 2018.

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Mortgage Rates Drop to 3-Year Low

Mortgage interest rates, which last peaked at nearly five percent in November 2018, have been falling for the past nine months. This week, mortgage interest rates fell to a low not seen since 2016, giving prospective homebuyers some additional buying power.

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