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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Notably, while the flow of new listings to the market is still nearly 14% lower than it was before the COVID-19 pandemic, its much improved to compared to the deficit of 25% in March 2024.

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What rising inventory means for the 2025 housing market

Housing Wire

Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market. Housing inventory It is December, of course, so inventory is falling for the season. There will be fewer homes on the market each week until February or so. Can there be too many homes for sale?

Inventory 418
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Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Americas housing market isnt just cooling its frozen in place. Its the result of a uniquely American mortgage structureone that unintentionally punishes mobility and paralyzes housing supply. But this isnt just a temporary side effect of high interest rates. The model worksand the U.S.

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Home-price index gains the most since 2018

Housing Wire

in July from a year ago, the biggest advance since 2018, as rock-bottom mortgage rates made it possible for people to bid higher for properties. advance in the prior month, and it was the largest annual gain since December 2018. The post Home-price index gains the most since 2018 appeared first on HousingWire.

Inventory 542
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Housing starts report confirms housing market recovery

Housing Wire

increase above the revised June estimate in housing starts in July. This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. From the report: Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,496,000.

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A look at Nevada’s exploding housing market

Housing Wire

As the end of the year approaches, the country is still feeling the pinch of an economic crisis amid the COVID-19 pandemic – but interestingly enough, several states are enjoying a boom in their respective housing markets. And between 2017 and 2018, approximately 50,000 California residents made the move to Nevada.

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The housing market is still savagely unhealthy

Housing Wire

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. million to 4.98 million in January 2019.