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Has home seller growth lost momentum?

Housing Wire

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

Sellers 370
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The two big housing market trends to watch in 2025

Housing Wire

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. If we get lucky on economic news and spreads continue to tighten a bit, we could see some alleviation to the affordability vice everyone is now in. These are unsold new listings.

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The unexpected strength of home prices this year

Housing Wire

Florida had an uptick in inventory with a bit of a rebound in new listings now that the storms are over. New listings go up This year continues to have slightly more sellers than last year but fewer than we used to get in past years. There were 60,000 new listings unsold this week for single-family homes.

Inventory 476
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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. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. Those do not seem imminent.

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Rising unemployment is shifting the D.C. housing market: Altos

Housing Wire

New listings move upward, but remain historically low Altos uses new real estate listings data as a key indicator of seller activity in the D.C New Listings are the homes that were listed for sale in a given week and added to the active inventory. housing market. As unemployment in D.C

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2025 could be the last year of inventory shortage

Housing Wire

New listings To get a lot of homes on the market though we need some sellers. There were only 54,000 new listings of single-family homes unsold this week. There were another 10,000 new listings immediate sales which makes 64,000 homesellers. Unsold new listings amount to 4.8%

Inventory 495
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Lower mortgage rates are spurring housing demand

Housing Wire

Additionally, our weekly pending contract data and new listings are trending positively compared to last year. Last year, I estimated that a minimum of 80,000 homes would be listed every week during the peak seasonal months, and my prediction was only off by 5,000.

Mortgage 529