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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. With more sellers who are buyers, we have a tad more demand this year.

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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?

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Credit data shows: There’s no housing crash coming

Housing Wire

We had multiple refinancing waves in 2012, 2016, 2020 and 2021. The new listings data we track with Altos Research is trending at the lowest levels ever during the past few years, while back then it was running at accelerated levels. We had a lot of stressed sellers back then! Here is an example with our Nov.

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Housing Market Tracker: Inventory falls even lower

Housing Wire

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

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Housing Market Tracker: Spring inventory grows

Housing Wire

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

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Housing Market Tracker: Mortgage rates drop almost 1%

Housing Wire

Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. New listing data rose last week but is still trending at all-time lows in 2023. The last thing the housing market needs is for new listing data to decline, so the growth we saw last week is a plus.

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Housing Market Tracker: Active listings barely budge

Housing Wire

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.