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Did home sales momentum fizzle in December?

Housing Wire

The New Years week was expected to be slow, so it’s no surprise that new listings and sales are down. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the numbers. Those will start rebounding in next weeks data.

Inventory 448
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2025 could be the last year of inventory shortage

Housing Wire

Ive also highlighted 2018 when there were 775,000 single family homes on the market that February. Assuming mortgage rates stay higher for this year, well probably see that 2018 level again by next spring. New listings To get a lot of homes on the market though we need some sellers. Unsold new listings amount to 4.8%

Inventory 495
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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 is much different than what we saw in 2023.

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Has home seller growth lost momentum?

Housing Wire

New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior. This week, the new listings stat has grown with slightly more sellers. But weekly new listings volume is low compared to January 2024, which is a sign of market stagnation.

Sellers 370
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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

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. For-sale inventory is now about 26% below the norms of 2018 and 2019, the smallest shortfall since September 2020.

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What rising inventory means for the 2025 housing market

Housing Wire

While we have 27% more homes for sale now than last year, we have 22% fewer homes on the market than at the end of 2018. New listings When we look at the sellers entering the market, there were 45,000 new listings last week. As it continues, were slowly getting closer to the old normal levels.

Inventory 418
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Even with low inventory, expect a strong 2021 housing market

Housing Wire

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546