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Housing Market Tracker: Spring inventory grows

Housing Wire

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 515
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Housing Market Tracker: Spring inventory falls

Housing Wire

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 483
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Housing Market Tracker: Inventory gets summer lift

Housing Wire

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022. From the St.

Inventory 404
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Housing Market Tracker: Mortgage rates over 7%

Housing Wire

Here’s a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023. Louis Fed : Initial claims for unemployment insurance benefits increased by 4,000 in the week ended May 20, to 229,000. From the St.