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Housing inventory falls under 1M again as sales collapse

Housing Wire

housing market , we just experienced an event that most people never thought could happen. During that period, we saw new listing data decline. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market.

Inventory 536
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The homebuilders got lucky this time

Housing Wire

They have less competition as they are working from low sales levels in today’s housing market. This is why construction workers haven’t been laid off while other jobs in the housing market have been. As I have tried to highlight in my economic work, the housing market started to improve on Nov. When supply is 4.3

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Massachusetts 2023 Year in Review

Lamacchia Realty

2022 was down in sales from 2021 just like this past year , and at that time , many were concerned that it was a sign the market was about to crash, something Anthony has repeatedly dispro ved. Slower market activity this year, however, is representative of the journey back to equilibrium. Pending Sales Decreased by 17.7%

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2021 New Hampshire Average Prices Rise 15%

Lamacchia Realty

Homes Listed – All of NH. New listings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. decrease in the state of New Hampshire brought listings to 27,131 from 28,127 the previous year. Homes Pending (contract accepted) – All of NH.

Buyers 45