Housing Wire
MARCH 15, 2024
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.
Housing Wire
DECEMBER 23, 2023
Let’s look at the tracker for the week before Christmas and see what the forward-looking data looks like before we open presents. 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. Weekly inventory change : (Dec.15-22)
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Housing Wire
FEBRUARY 10, 2024
While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. For the first time in a while, this was a good week for new listing data. This calls into question a mortgage rate lockdown, as mortgage rates are also higher year over year.
Housing Wire
DECEMBER 3, 2020
Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,
Housing Wire
DECEMBER 2, 2023
Purchase application data Hello, early Christmas present! One concern with higher mortgage rates was that more sellers — who are traditional buyers — would not list their homes. I talked about growth in the new listings data on CNBC as it appeared to me we were forming a bottom months ago. Weekly inventory change (Nov.
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.
Housing Wire
NOVEMBER 11, 2023
We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 10) : Inventory rose from 566,882 to 566,941 Same week last year (Nov.
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