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Julie Kheyfets on home renovation trends: Demand is approaching 2022 levels

Housing Wire

And it’s beginning to approach 2022 levels. And if you remember, rates were very different in Q1 2022. This year, we’re seeing Q1 demand actually higher than it’s been the last couple of years about 25% higher than 2024 and 2023. Kheyfets: One is home sales , the world in which you live.

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Better leans on AI, sees first profitable month since 2022

Housing Wire

In an interview with HousingWire , Garg divulged that March was the company’s first profitable month since 2022. Productivity initiatives So far, Garg’s goals are going according to plan.

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Housing market data positive despite Powell’s Grinch act

Housing Wire

While it’s common to see a seasonal dip in volume at this time of year, theres a silver lining: we’ve been observing solid year-over-year growth when comparing our data to 2022 and 2023. However, Im excited about the story behind the current market inventory has grown from the depressed levels we experienced in early 2022.

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Housing affordability drops sharply for middle-class: NAR

Housing Wire

Housing inventory reached its all-time low in 2022 and inventory has risen since then back to more historical levels. Toledo, Ohio has become an unexpected hotspot, with Altos data showing prices up 24% since 2022, with the largest rises coming among lower-priced homes. year over year. In 2024, NAR says 75.5%

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Share of Newly Built Homes Hits Lowest Level in Three Years

Appraisal Buzz

at the beginning of 2022 and 30.5% Since the supply of new-construction homes increased in 2022 and 2023 while the supply of existing homes decreased, a significant percentage of homes for sale during the past four years have been newly constructed. in Q2 of 2022. in Q1 of 2022. in Q1 of 2022. in Q1 of 2022. “A

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Why the housing market is actually much healthier in 2025

Housing Wire

After years of identifying the housing market as unhealthy culminating in a savagely unhealthy housing market in early 2022 I can confidently assert that the housing market in 2024 and 2025 is on better footing. This transformation sets an extremely positive foundation for what’s to come.

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What’s keeping homebuilders from large-scale layoffs?

Housing Wire

New home sales arent crashing anymore New home sales peaked in October of 2020 with 1,031,000 new home sales and then in 2022 that number crashed all the way down to 519,000 by June. However, after that decline and when mortgage rates started to fall late in 2022 home sales rebounded all the way back to 741,0000.