Housing Wire

OCTOBER 26, 2024

Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. Let’s see what the data for last week tells us.

Inventory 494

Inventory Sellers New Listings Mortgage 494

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. There were 66,000 new listings this week, of which 14,000 are already in contract. It’s not a ton of sellers.

Sellers 385

Sellers Housing Market Buyers New Listings 385

Appraisal Buzz

JUNE 12, 2024

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

Sellers Buyers New Listings Home Value 397

Housing Wire

FEBRUARY 26, 2024

We still see more sellers than last year. Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. And sure enough the number of new contracts started this week dipped. More sellers with price cuts than a year ago.

Sellers 436

Sellers Inventory New Listings Contracts 436

Housing Wire

JUNE 24, 2024

Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. New listings unchanged You can see the continuation of that theme with the new listings volume each week. There were 72,000 new single-family listings unsold this week.

Inventory 366

Inventory Sellers New Listings Property Taxes 366

Housing Wire

MAY 28, 2024

New listings climbed during the past week and there are now 72,000 more single-family homes on the market. It appeared that new listings might be on the decline already, but the pace picked up a tad this week, which is encouraging. No one wants a scenario in which there’s a flood of sellers but no buyers.

Inventory 515

Inventory New Listings Contracts Sellers 515

Housing Wire

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. More sellers means more sales in 2024.

Inventory 487

Inventory New Listings Contracts Sellers 487

Housing Wire

NOVEMBER 18, 2024

We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. New listings One way reason it will be hard for inventory to grow more than 17% next year is that there are still not enough sellers to get there. price cut.

Housing Market 442

Housing Market New Listings Marketing Inventory 442

Housing Wire

JULY 8, 2024

Massachusetts and New York, for example, are still just coming off the record tight markets of the pandemic, but that trend is changing — finally. New listings show 12% more sellers than a year ago When we look at the new supply hitting the market each week, we see the same trend we’ve had for a few months.

Inventory 468

Inventory Contracts Sellers New Listings 468

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

New Listings 483

New Listings Inventory Contracts Housing Market 483

Housing Wire

JANUARY 8, 2024

Sellers are coming back There are 499,000 single-family homes unsold on the market now. There are slightly more sellers each week. Last year, was marked by how few sellers there were. We can expect to have more sellers all year. Sales were held back for lack of sellers. Home price signals are increasing too.

Real Estate 506

Real Estate Marketing Inventory New Listings 506

Housing Wire

MARCH 25, 2024

I like to point out that consumers are more sensitive to changes in mortgage rates than to the absolute levels, and since rates are now basically unchanged for the month, just easing down from the early March peak of 7.2%, sellers and buyers are tip-toeing back into the market. More sellers means more sales will happen.

New Listings 496

New Listings Inventory Contracts Sellers 496

Housing Wire

JUNE 3, 2024

These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up. New listings dry up On the other hand, inventory can’t build too much if sellers don’t sell. There are some signals of seller volume drying up.

Inventory 487

Inventory Contracts New Listings Sellers 487

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Home prices and new listings dipped too. On the pricing side, last week had the first negative print on year-over-year price for new listings. Is it darkest before the dawn?

Housing Market 486

Housing Market New Listings Marketing Mortgage 486

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. When will that be? I have no idea.

Mortgage 306

Mortgage Inventory New Listings Contracts 306

Housing Wire

NOVEMBER 27, 2023

You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. A few more sellers appear to be braving the market each week. Short on time?

New Listings 499

New Listings Contracts Inventory Housing Market 499

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. In other words, seller growth continues.

Inventory 469

Inventory Contracts New Listings Sellers 469

Housing Wire

OCTOBER 28, 2024

The median price of the homes that went into contract this week — these are the new purchase offers with contracts pending — is now 6% greater than last year. Florida had an uptick in inventory with a bit of a rebound in new listings now that the storms are over. Home prices ticked up this week.

Inventory 414

Inventory New Listings Sellers Contracts 414

Housing Wire

APRIL 22, 2024

We’re rapidly approaching the peak of the market in terms of seller listings, and as inventory builds, the sales rate will peak by the end of June. New listings Growing inventory is not just about slowing demand. We are also consistently measuring more sellers coming back into the market. Now we’re at 69,000.

Inventory 479

Inventory New Listings Sellers Contracts 479

Housing Wire

SEPTEMBER 30, 2024

The number of homes under contract across the country has risen for the last few weeks. Pending home sales climb There are 362,000 single-family homes under contract. We’re showing 6% more homes in contract now than last year. Homes stay under contract for 30 to 40 days. The rate of home sales is picking up!

Mortgage 439

Mortgage Contracts Inventory New Listings 439

Housing Wire

FEBRUARY 5, 2024

There are more buyers than sellers. We have slightly more sellers now than we did a year ago and inventory is now 8.8% More sellers this week than last week Each week, just a few more home sellers are testing this market. There were 7% more new sellers this week than the same week a year ago.

Mortgage 438

Mortgage Inventory Sellers New Listings 438

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Second, because people think of home sellers as being locked-in by high interest rates. That’s 15% growth over the pace of 2023.

Inventory 513

Inventory Sellers New Listings Real Estate 513

Housing Wire

JULY 13, 2024

The seasonal decline period is starting soon, so we should get accustomed to seeing a decline in new listing data as the year heads toward its end. The seasonal decline period is starting soon, so we should get accustomed to seeing a decline in new listing data as the year heads toward its end.

Mortgage 499

Mortgage New Listings Inventory Contracts 499

Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year. Is new supply growing out of balance with demand?

Mortgage 497

Mortgage Inventory Sellers New Listings 497

Housing Wire

JANUARY 6, 2025

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 384

Inventory New Listings Contracts Sellers 384

Housing Wire

JANUARY 4, 2025

Our weekly pending contract data has shown year-over-year growth for some time now, even with elevated mortgage rates. Weekly pending sales The latest weekly pending contract data from Altos Research offers critical insights into real-time trends in housing demand. Has the spring home-buying season already begun?

New Listings 492

New Listings Inventory Contracts Mortgage 492

Housing Wire

MAY 13, 2024

If you need to communicate about the real estate market with buyers and sellers, you should join us. It’s the peak season for buyers and sellers. There are more sellers now as rates have stayed higher for longer. That’s actually 3% fewer new listings than last week. Click that to reserve your spot now.

New Listings 425

New Listings Contracts Inventory Sellers 425

Housing Wire

MAY 20, 2024

The second dynamic to watch here is how many sellers are cutting their prices each week. But we can see that there is an upper limit to affordability for homebuyers and sellers should absolutely be aware of this before they list their homes. New listings New listings appear to have peaked for the year three weeks ago.

Inventory 428

Inventory New Listings Sellers Contracts 428

Housing Wire

NOVEMBER 20, 2023

It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

Inventory 428

Inventory New Listings Housing Market Sellers 428

Housing Wire

AUGUST 6, 2024

New listings ticked down Most of the total inventory fluctuations have been demand-driven this year. The supply of sellers is the other side of the inventory equation. When we look at the new listings pace, there’s no sign of a plethora of sellers are reaching the market. When rates rise, demand slows.

Mortgage 473

Mortgage Inventory New Listings Contracts 473

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Still, when it’s all said and done, 2024 will be the second-lowest new listings year in history.

Mortgage 488

Mortgage Inventory New Listings Contracts 488

Housing Wire

JULY 22, 2024

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. So that’s a total of 84,000 total new sellers for single-family homes this week.

Buyers 442

Buyers Inventory New Listings Sellers 442

Housing Wire

JULY 29, 2024

New home sales contracts are coming in pretty consistently fewer than last year — 4.9% Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year. On the supply side, new listings are slightly more than a year ago, but pulling back.

Housing Market 360

Housing Market Marketing Inventory New Listings 360

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. pending home sales rose 5.9% As states reopen, Yun expects the market to remain hot.

Contracts 501

Contracts Realtors New Listings Real Estate 501

Housing Wire

OCTOBER 24, 2023

There were only 57,000 new listings of single-family homes unsold again this week. There are fewer sellers now than any recent year. Housing supply shows no signs of easing There were 325,000 single-family homes in the contract-pending stage, or 6% fewer home sales than last year.

Contracts 487

Contracts Inventory New Listings Housing Market 487

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 Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

MAY 6, 2024

New listings There were 71,000 new, unsold listings of single-family homes across the country this week. More home sellers are coming back to the market each week. These are new listings that are already under contract, so they’re not counted in the active inventory.

Inventory 426

Inventory Contracts Sellers New Listings 426