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Is housing inventory growth really slowing down?

Housing Wire

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

Inventory 526
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An inside look at local housing markets across the country

Housing Wire

According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% In 2016 there were some layoff s in the energy industry, and we had about 525 homes; but, it has just been declining since then.”. However, this growth has come at a cost. in 2021 to $330,745. “It This, of course, has come at a cost.

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Will existing home sales climb at all this year?

Housing Wire

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 My guess though, is that inventory will continue to climb into late August and resemble 2021 more than say 2016. The median price of the new listings is $400,000 this week.

Inventory 369
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August 2021 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. A slight increase in listings for both single families and condos/townhomes is a positive sign for buyers as this may help with selection. . April 4, 2016.

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July 2021 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Data provided by Florida Realtors® SunStats. April 4, 2016. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate.

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May 2021 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. The dip in May 2020 sales, new listings, and pending sales reflected the log jam that the real estate industry experienced during the shutdown. April 4, 2016.

Sellers 50
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April 2021 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. The dip in April 2020 sales, new listings, and pending sales reflected the log jam that the real estate industry experienced during the shutdown. Broward County.