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New listings have peaked for 2024: It’s the second-lowest year on record

Housing Wire

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. New listings data I am pleased that we’ve seen new listings data grow year over year — it’s a big step forward.

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Median home prices, new listings move higher in Florida

Housing Wire

“We’re seeing positive signs that for-sale inventory is beginning to increase in many local markets across the state, which should encourage buyers who may have been waiting on the sidelines,” Arvin said in a statement. “New listings of single-family homes were up 16.7%

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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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Stale Listings Offer Buyers More Options 

Appraisal Buzz

year-over-year, representing the largest drop in over four months—according to a new study from Redfin. Buyers are also avoiding earlier stages of the house-hunting process. Buyers are retreating primarily due to high home costs. Conversely, new listings remain near historic lows. New listings are up 7.7%

Buyers 397
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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

New listings each week, which were record few last year, are growing now. New listings volume climbing I want to start today with the new listings volume, which is notably finally climbing over last year’s anemic levels. There were 66,000 new listings this week, of which 14,000 are already in contract.

Sellers 468
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Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. In May, new property listings exceeded sales, allowing buyer competition and price rise to slow—and more price relief is expected. Inventory, New Listings and Pending Sales Overview New listings increased by 7.9%

Sellers 397
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Housing demand stalls as buyers wait for lower rates

Housing Wire

will be significant enough move in rates to move the needle for buyers. New listings rise This week saw 69,000 new single family listings unsold. There were another 15,000 new listings that are already in contract, which is very low for immediate sales recently. Freddie Mac reported rates at 6.8%.

Buyers 488