Remove 2008 Remove Contracts Remove New Listings
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New listings data falls for third week in a row 

Housing Wire

New listings data has been moving lower over the last few weeks. The moves haven’t been significant and our weekly pending contracts data picked up this week. But, we need to see more growth in new listings data just to grow from 2023 levels.

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Home price signals continue to weaken for 2025

Housing Wire

This is measurable in both the total unsold inventory and the number of new listings each week. There are 358,000 single-family homes in contract right now, and they are priced only 50 basis points above last year at this time. Well, new listings are climbing. In this chart, we have the weekly new listings rate.

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New listings data is growing and prices still aren’t crashing

Housing Wire

The rules of supply and demand economics always end up winning and weekly new listing data is key. New listing data is growing year over year, but it will be the second-lowest new listing data ever recorded in history. This contract data will grow if mortgage rates head lower and stay lower.

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The health of this housing market: Comparing 2024 data to 2011

Housing Wire

People are quick to panic over any part of the housing market that looks stressed, fearing we’ll see 2008 levels of destruction all over again. The housing bubble crash years of 2008-2011 saw a surge in foreclosures due to the lack of selling equity and this also profoundly impacted housing demand. of homes were underwater.

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The great stay: Why homeowners are staying put

Housing Wire

Some of this week’s inventory decline was helped by western Florida, which had a lot of withdrawn listings and very few new listings due to the two hurricanes. New listings tick up New listings ticked up to 63,000 plus 10,000 more immediate sales. That happened in the 2008 bubble burst.

Inventory 505
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Existing home sales are working from a historic low bar

Housing Wire

It happened in 2008 and then didn’t happen again until 2023. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. We have a big difference in the data on single-family permits and 5-unit permits.

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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. One piece of good news last week was that the new listing data, which saw a significant collapse two weeks ago, rebounded excellently to return to a usual trend.

Inventory 476