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New listings data unfazed by 8% mortgage rates

Housing Wire

New listing data appears unafraid of the mortgage rate ghost story over the last few months. Unlike last year, when new listings data had a noticeable move lower once mortgage rates reached 6%, 8% mortgage rates haven’t had any noticeable impact on the latest new listings data.

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New listings take a hit, possibly due to higher mortgage rates

Housing Wire

Did the recent move in higher mortgage rates impact the new listings data more than normal? I hope this isn’t the case, but we had a noticeable move lower in new listings last week. Weekly active listings rose by only 6,618. The Fed spoke at Jackson Hole last Friday but that didn’t move mortgage rates much.

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Buyers continue downward spiral, but new listings may be steadying

Inman

But new listings aren't declining as quickly, Redfin reports. Homebuyers are backing away from the market as mortgage rates continue to climb.

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New listings plummet 27%, marking biggest annual fall since pandemic

Inman

The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher.

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New Listings Suggest Shift in Housing Market

Appraisal Buzz

” The post New Listings Suggest Shift in Housing Market appeared first on theMReport.com. The post New Listings Suggest Shift in Housing Market appeared first on Appraisal Buzz.

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New Listings Prop up Inventory In June

Appraisal Buzz

RE/MAX has released new data through its National Housing Report covering the month of June which found that halfway through the peak summer buying season inventory is up, yet still below levels seen in 2021, but more signs are starting to appear signaling a more balanced market may soon be a reality.

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New Listings Return to 2019 Levels

Appraisal Buzz

” The post New Listings Return to 2019 Levels appeared first on DSNews. The post New Listings Return to 2019 Levels appeared first on Appraisal Buzz. The sizzling seller’s market shows some signs of cooling, but, according to analysts, “only by a few degrees.”