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Housing Wire
JANUARY 8, 2024
There are now 247,000 single family homes in contract. That is 4.25% more homes in contract now than last year at this time. New contracts up New contracts were 13% more than last year during the first week of January. If they have buyers, the price of the new listings spikes up quickly.
Housing Wire
JANUARY 22, 2024
Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down.
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Housing Wire
DECEMBER 4, 2023
New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. Home prices will also be up and we have more homes under contract than we did at the end of 2022. We want new listings volume to show growth.
Housing Wire
NOVEMBER 20, 2023
More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market. What does that mean?
Housing Wire
MARCH 11, 2024
New listings To watch whether supply and demand might get out of balance with higher mortgage rates, keep an eye on the new listings volume this spring, not just the total inventory. There were 59,000 new listings unsold this week. The median price of the newly listed cohort this week is $420,000.
Housing Wire
JANUARY 16, 2024
Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. The market had about 49,000 new listings this week. 9,000 of those are already in contract. Leaving 40,000 New listings to add to the market which is about a 5% increase versus last year.
Housing Wire
FEBRUARY 12, 2024
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.
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