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Housing Wire
DECEMBER 4, 2023
Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. 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.
Housing Wire
FEBRUARY 12, 2024
New listings each week, which were record few last year, are growing now. But home sellers are gradually easing back into this housing market. 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.
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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. Watch the video above to get the latest housing market update from Altos Research. This week, the available inventory of unsold single-family homes crept up minimally.
Housing Wire
JANUARY 22, 2024
For several weeks, I’ve been reporting data that shows the housing market growing in 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. Worth keeping an eye on.
Housing Wire
MAY 15, 2024
housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.
Housing Wire
JANUARY 8, 2024
These are very clear trends as we start the new year. Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Sellers have waited over the holidays and they start hitting the market right after new years. That’s certainly possible.
Housing Wire
JANUARY 16, 2024
real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market.
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