Housing Wire
JANUARY 20, 2023
On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. million in January down to about 4 million in December, We now have total inventory levels near all-time lows again. During that period, we saw new listing data decline.
Housing Wire
AUGUST 30, 2022
While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 Housing inventory issue with no booming demand.
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Housing Wire
NOVEMBER 9, 2022
Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. This time around, we have not seen the kind of housing credit boom that we did from 2002-2005. New listing data is down 5% year to date, as you can imagine. nominal per year at most.
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22
Housing Wire
SEPTEMBER 22, 2022
Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million to 1.28
Housing Wire
OCTOBER 11, 2022
Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28
McKissock
MARCH 1, 2021
In 2002, when Dara Alperen Cipollone purchased her first home in East Boston, her real estate agent suggested she would be a great fit for residential sales. A: The obstacles Millennial real estate buyers face for owning a home in the Boston market come down to low inventory. Millennials who are looking for a home research everything.
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