ICE Mortgage Monitor: Early Spring Housing Market Shows Firmer Prices Amid Affordability Reset and Inventory Growth

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Intercontinental Exchange (NYSE: ICE) released its April 2026 Mortgage Monitor report, indicating a stronger spring housing market driven by improved affordability and increasing inventory, despite a recent rise in interest rates. While home price growth remains modest at 0.4% annually, early spring saw the firmest monthly gains in nearly a year. Affordability has improved year-over-year, but higher rates have significantly reduced refinance incentives, and inventory, though recovering, is still below pre-pandemic levels.

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