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Weekly Real Estate Report by Wes Johnston, Trueblood Real Estate. 317-223-3182, wes@homesofindiana.us
Every week

Weekly Real Estate Report

What mortgage rates did, what the national numbers said, and what actually changed in Central Indiana, in plain English. Every report stays up here with its sources, so you can see how the market moved week to week.

All reports

Week of September 28–October 4, 2026 The 30-year fixed jumped to 7.28% on Freddie Mac's survey, 20.8% of U.S. listings had a price cut in September, and Indianapolis-area active listings are up 19.9% from a year ago.
  • Rates: 7.28%, and it keeps moving against buyers
  • Price cuts hit their highest September share since 2018
  • Prices are still rising, just slowly
Read the report → Week of September 21–27, 2026 The 30-year fixed crossed 7% on Freddie Mac's survey for the first time since January 2025, builders are cutting prices, and Central Indiana single-family permits rose 7% in August.
  • Rates: the 7% line got crossed, and it's for real
  • New construction is where builders are actually giving ground
  • A new study makes the case for a coming-soon launch
Read the report → Week of September 15–21, 2026 The Fed raised rates for the first time since 2023, the 30-year fixed hit 6.95%, and Central Indiana's August numbers still stand.
  • The Fed hiked, and most of the committee thinks another one is coming
  • Rates: 6.95% on the weekly survey, and the daily trackers are already past 7%
  • Buyers kept signing contracts anyway
Read the report → Week of September 8–14, 2026 Daily mortgage rates crossed 7%, national supply hit a decade high, and Central Indiana's median price rose 2.6% in August.
  • Rates: you'll see two different numbers this week, and both are right
  • The Fed meets Tuesday and Wednesday, and the market is betting on a hike
  • Buyers have more room than they've had in ten years
Read the report → Week of September 1–7, 2026 Mortgage rates rose to 6.71% on oil prices, new listings hit a four-year high, and what that means for buyers.
  • Rates went up, and it's about oil, not the Fed
  • Friday's jobs report made a September rate cut even less likely
  • Buyers have the most choice they've had in four years
Read the report → Week of August 25–31, 2026 The Fed chair's Jackson Hole speech undercut the rate-cut story, and pending sales fell to a six-month low.
  • Rates: the "cuts are coming" story just took a hit
  • Buyers are getting real leverage again
  • New construction is even more aggressive
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