Housing Wire

DECEMBER 7, 2024

New listings havent hit the numbers I hoped for this year; I got close, but its off by 5,000. New listings havent hit the numbers I hoped for this year; I got close, but its off by 5,000. Still, one of the best stories in 2024 was the growth we saw in new listings data. Weekly inventory change (Nov.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

DECEMBER 30, 2023

Since I believe most home sellers are also homebuyers, once new listings created a new low level after mortgage rates reached over 6% in 2022, it added another layer of home demand falling off a cliff. What we want to see in 2024 is new listing data growing in the spring season. Weekly inventory change (Dec.

Inventory 521

Inventory New Listings Housing Market Mortgage 521

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 514

Mortgage New Listings Inventory Contracts 514

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.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

JUNE 18, 2024

A slight uptick in new listings has taken some of the pressure off sales prices as buyers have more options to choose from. Redfin data shows that new listings new listings were up 0.3% Despite these increases, new listings are still roughly 20% below pre-pandemic levels. year over year in May.

New Listings 468

New Listings Sellers Buyers Mortgage 468

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 497

Housing Market New Listings Marketing Mortgage 497

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.

Real Estate 488

Real Estate New Listings Contracts Inventory 488

Housing Wire

OCTOBER 21, 2024

If you’ve been paying attention, you know that the housing supply isn’t just the unsold inventory, it’s also a factor of new listings volume each week. The signal that we watch for in the new listings count is whether there are too many sellers. New listings up There were just over 60,000 new listings unsold this week.

Sellers 468

Sellers Inventory New Listings Contracts 468

Housing Wire

MAY 22, 2024

The other data line that is small but steady year-over-year is the new listings data, and if most sellers are buyers, that gives us more demand than in 2023, when new listings were trending at the lowest levels ever. I love that new listings data is growing yearly, but it’s been too light for me.

Inventory 514

Inventory New Listings Housing Market Contracts 514

Housing Wire

MARCH 25, 2024

New listings Each week this spring we’ve been tracking the new listings volume. Last week we saw just over 60,000 new listings added to the inventory with another 17,000 new listings / immediate sales. In total, new listings data is 14% more than last year. A year with 5.5

New Listings 511

New Listings Inventory Contracts Sellers 511

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.

Sellers 468

Sellers Housing Market Buyers New Listings 468

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. New listings There were 72,000 new listings this week.

Inventory 534

Inventory New Listings Contracts Sellers 534

Housing Wire

MARCH 23, 2024

Imagine a housing market with just 6% mortgage rates or lower — it would be growing like what we see in the new home sales market. The growth isn’t just in active inventory but also new listings. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly.

Mortgage 521

Mortgage Inventory New Listings Housing Market 521

Housing Wire

MAY 4, 2024

I wish new listings were growing faster, but I will call it a victory nonetheless. We saw a slight decline in new listings data week to week. For now, I will chalk this up to the seasonal choppiness we sometimes see with inventory data. When mortgage rates increase, demand falls and the price-cut percentage grows.

Inventory 501

Inventory Mortgage New Listings Marketing 501

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 523

Inventory Sellers New Listings Mortgage 523

Housing Wire

JANUARY 8, 2024

Small spike in new listings After the first of the year we always see early price signals with the price of the cohort of new listings each week. Sellers have waited over the holidays and they start hitting the market right after new years. If they have buyers, the price of the new listings spikes up quickly.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

Housing Wire

NOVEMBER 25, 2024

New listings climb There were 53,000 new listings unsold this week. That’s 9% more unsold new listings than the same week a year ago. This level of new listings will lead to inventory growth. When we add in the 7,800 new listing immediate sales, that’s 4.7%

New Listings 397

New Listings Inventory Sellers Contracts 397

Housing Wire

NOVEMBER 30, 2024

30): Inventory fell from 565,875 to 555,717 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,082,020 New listings data Currently, new listings data is experiencing a seasonal decline, with a slight decrease observed last week.

Mortgage 518

Mortgage Inventory New Listings Contracts 518

Housing Wire

FEBRUARY 17, 2024

We should see the seasonal bottom soon and then the traditional increase in active inventory to match the growth in new listings data. This also assumes that new listing data stays on its path for growth year over year. However, 2023 was the lowest new listings data pool ever, which was an unhealthy outcome.

Mortgage 536

Mortgage Inventory New Listings Housing Market 536

Housing Wire

JUNE 8, 2024

Weekly housing inventory data I can’t stress enough that the best story for 2024 has been that active inventory and new listing data is growing. It doesn’t look like I will reach my assumed easy target of 80,000 new listings. However, the real story is that we see year-over-year growth, which is a plus.

Mortgage 508

Mortgage Inventory New Listings Contracts 508

Housing Wire

MAY 14, 2024

During the week ending May 10, 89,000 new listings hit the market, according to Altos Research, which was 3% less than the week prior. Ideally, the combined number of new listings should be above 100,000 each week, so it’s a bit disappointing to see only 89,000 today.”

Mortgage 532

Mortgage New Listings Inventory Sellers 532

Housing Wire

SEPTEMBER 16, 2023

The last four weeks of new listings data have been the most volatile since mortgage rates breached 6% in 2022. One week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes. What’s going on with housing inventory ? 18: 60,295 Aug.

Inventory 505

Inventory New Listings Housing Market Mortgage 505

Housing Wire

AUGUST 17, 2024

While I didn’t get my minimum target of 80,000 new listings during this year’s peak seasonal weeks, I am pleased we saw growth. I did get a bit excited two weeks ago with the pick-up of new listings as mortgage rates fell, but we didn’t get as good a follow-through this week. Weekly inventory change (Aug.

Inventory 518

Inventory Mortgage New Listings Contracts 518

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 511

New Listings Inventory Contracts Housing Market 511

Housing Wire

DECEMBER 23, 2023

This got tested in 2023 with 8% mortgage rates ; not only did that not happen, but the new listing data was very stable, meaning it was forming a bottom. Historically speaking, 2021 and early 2022 were the two lowest ever in new listings data. Weekly inventory change : (Dec.15-22)

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

SEPTEMBER 22, 2023

17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. “In one week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes.

New Listings 482

New Listings Inventory Buyers Mortgage 482

Housing Wire

MARCH 30, 2024

The best housing story in 2024 is that inventory is growing — both active inventory and new listings. Still, new listing data is a positive story. Still, new listing data is a positive story. As we head into April, let’s see where we’re at on the Inventory side as are officially into spring.

Inventory 501

Inventory New Listings Mortgage Housing Market 501

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. We want new listings volume to show growth. It’s looking like we’ll end 2023 with higher housing inventory than this time last year.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

MARCH 16, 2024

Weekly housing inventory data The one positive story for me in housing this year is that inventory is growing year over year for both active inventory and new listing data. Last year, II picked up on the trend that new listing data was creating a historical bottom as the data line wasn’t heading lower with higher rates.

Housing Market 511

Housing Market Inventory Marketing New Listings 511

Housing Wire

MAY 25, 2024

I have been slightly disappointed in the new listing data only because I was sure we would get a print above 80,000 this year and was hoping for a range of 95,000-110,000 in the peak seasonal period. Remember, for next week, new listings data will take a Memorial Day hit lower as it does each year, and then it rebounds.

Inventory 521

Inventory Mortgage New Listings Marketing 521

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. You can see our debate on this topic here.

Inventory 535

Inventory Mortgage New Listings Housing Market 535

Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.

Inventory 493

Inventory New Listings Mortgage Housing Market 493

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 539

Inventory Housing Market Marketing New Listings 539

Housing Wire

JULY 1, 2024

Inventory , new listings, etc. New listings volume peaked a few weeks ago. While there won’t be a big drop off for new listings in July, we can assume we’ll have fewer sellers each week through the rest of the year. There won’t be a big drop-off in new listings volume in July.

Real Estate 435

Real Estate New Listings Inventory Marketing 435

Housing Wire

JANUARY 6, 2024

6): Inventory fell from 490,809 to 471,349 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 959,028 New listings data This is the year we should all be rooting for new listings data to grow.

Inventory 542

Inventory New Listings Housing Market Mortgage 542

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 541

Inventory Mortgage New Listings Sellers 541

Housing Wire

APRIL 23, 2023

Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data. However, I will take what I can now.

Inventory 545

Inventory Housing Market Marketing New Listings 545