2001 Contracts Inventory New Listings 
Housing Wire
FEBRUARY 29, 2024
For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% Overall active inventory improved 7.9% from December’s annualized rate.
Housing Wire
JANUARY 26, 2024
For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. But new listings activity grew by 9.1% NAR’s Pending Home Sales Index (PHSI) increased to 77.3
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Housing Wire
SEPTEMBER 15, 2023
of homes that went under contract that month, according to a new report from Redfin. Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. New Listings Tick Up Slightly, But Overall Housing Supply Remains at Record Low New listings rose 0.8%
Lamacchia Realty
JANUARY 30, 2024
If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. Maine Sales Decreased by 18.9%
Will Springer Realtor
MAY 13, 2024
Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.
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