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More home sellers but fewer home sales

Housing Wire

There were 45,000 new listings for single-family homes across the country this week, which is a big jump. New listings jump The supply story in real estate must take into account the new sellers each week. I do not expect a flood of new sellers, but we do see growth. Home prices could fall.

Sellers 416
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Cincinnati’s housing market in a word? Unpredictable

Housing Wire

A substantial drop in new listings is a contributing factor. 1, weekly new listings were at 410 but have since dropped to 186, although new listings tend to drop in December as the holidays approach.

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Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

Our new listings have gone up slightly but not enough to keep up with demand. I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. That would definitely help with the sale pricing of new construction.

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Prices for pending home sales reach record high

Housing Wire

We’re watching sales volumes , which are definitely up over past year but remain slow. Housing inventory When we look at the active inventory of unsold homes on the market, we can definitely see the impact of higher mortgage rates in the past month. New listings Growing inventory is not just about slowing demand.

Inventory 529
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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 457
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Inventory growth slows even with higher rates

Housing Wire

7): Inventory rose from 561,229 to 562,249 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 537,032 For context, active listings for this week in 2015 were 1,168,416 New listings data has been trending at the lowest levels recorded in history for over 13 months but at least it’s been an orderly decline.

Inventory 507
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It’s no longer a frenzy, but the Bergen County housing market is still hot

Housing Wire

“We are seeing multiple offers definitely in those medium price ranges. It has definitely downshifted, but in most cases, I am still seeing listing agents putting out deadlines for best and final offers.” There is definitely frustration among buyers,” she said. “It It gets discouraging.