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New listings data falls for third week in a row 

Housing Wire

New listings data has been moving lower over the last few weeks. But, we need to see more growth in new listings data just to grow from 2023 levels. 2023 new listings data was the lowest ever on record, so it’s already a low bar.

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New listings data unfazed by 8% mortgage rates

Housing Wire

New listing data appears unafraid of the mortgage rate ghost story over the last few months. Unlike last year, when new listings data had a noticeable move lower once mortgage rates reached 6%, 8% mortgage rates haven’t had any noticeable impact on the latest new listings data.

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Lower mortgage rates spark housing demand heading into spring

Housing Wire

I wholeheartedly believed that new listings would hit at least 80,000 during the season’s peak weeks this was the norm before the pandemic shook things up. To give you some perspective, during the years of the housing bubble crash, new listings were soaring between 250,000 and 400,000 per week for many years.

Mortgage 536
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New listings have peaked for 2024: It’s the second-lowest year on record

Housing Wire

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. New listings data I am pleased that we’ve seen new listings data grow year over year — it’s a big step forward.

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New listings surge as the spring buying season approaches

Housing Wire

New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. New listings rose 20% from January, and each of the 50 largest U.S. metros experienced an increase in new listings. Texas and Florida saw the biggest jump in new listings, year over year.

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Median home prices, new listings move higher in Florida

Housing Wire

. “While sales and prices remained fairly similar compared to a year ago, we saw significantly more new listings this January,” Brad O’Connor, chief economist for Florida Realtors, said in a statement. “New listings of single-family homes were up 16.7%

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What to expect from the 2025 housing market

Housing Wire

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.