Market watch.
In March, the nation’s housing inventory grew due to positive home-selling sentiment, leading to more affordable and newly listed homes being added to the market according to realtor.com. The increase in affordable inventory and the high number of price reductions last month contributed to the nation’s low growth rate in median home listing prices. Although … Read more
The February housing market report shows this spring could provide home buyers with a greater supply of less expensive homes than in 2023. Realtor.com research finds the number of newly listed homes has significantly increased. The median listing price growth has slowed, and the share of home listing price reductions has risen to the highest … Read more
Summary Realtor. com®‘s January housing data shows the number of homes for sale and new listing activity continues to improve compared to January 2023. Listing prices continue to rise slowly, with few existing homes for sale. Meanwhile, time on the market is below that of recent years. Report January housing data from realtor.com suggests positive … Read more
Summary Home sellers were more active in December than in December 2022, with the number of homes for sale increasing, ending a seven-month decline in listings. Home prices remained relatively stable. However, many home buyers appear to be delaying purchasing a new home due to current interest rates. Report Realtor.com data shows the US housing … Read more
Realtor.com predicts modest economic growth with long-term interest rates, including mortgage rates, to begin a slow decline. The outlook for 2024 includes a dip in home prices, which should help improve affordability for homebuyers. In addition, the number of unsold homes on the market is expected to remain low, and mortgage rates will exceed 6.5% … Read more
September’s housing inventory grew more than is typical for this time of year. While homes sold fairly quickly, the inventory crunch continued, with 4% fewer homes actively for sale on a typical day in September compared to the same time in 2022.
While home inventory continues to be in short supply, there was an unusual increase in newly listed homes in August compared to July. The growth could be a sign of an increase in seller activity this fall.
A lack of newly listed homes contributed to an inventory crunch in the nation’s housing market, with fewer homes on the market compared to last year. There was a decline in the number of newly listed homes for sale, and the national median home list price dropped slightly to $440,000 in July.
Home inventory growth slowed across the country in June as sellers continued to list fewer homes than last year, and buyers competed over the remaining affordable homes for sale. Although the median asking price for a home grew seasonally, June saw the first year-over-year decline in the median list price dating back to 2017. © … Read more
May 2023 was the first time the total number of homes listed for sale declined year-over-year since June 2022. The total decrease in May was 0.2% as fewer potential sellers listed homes. The growth rate was down considerably from April 2023’s rate of 6.2%.