Despite mortgage rate unpredictability, the real estate market is

growing in some of the country’s priciest cities. According to the

latest Zillow data, listings and homes going under contract have

increased markedly in September. Cities at the top end of the market,

such as Seattle, Los Angeles, and San Jose, showed the greatest gains.

“Generally, new listings and sales moved closer to pre-pandemic norms in

September,” said Kara Ng, a housing economist at Zillow, told Yahoo!

Finance. “That’s still a long way to go in terms of normalizing supply.”

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The housing market is picking up in some of the most expensive regions of the US