Housing Wire
OCTOBER 21, 2024
If you’ve been paying attention, you know that the housing supply isn’t just the unsold inventory, it’s also a factor of new listings volume each week. The signal that we watch for in the new listings count is whether there are too many sellers. So far, in the post-pandemic years, we haven’t had a lot of sellers.
Housing Wire
OCTOBER 26, 2024
Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. Let’s see what the data for last week tells us.
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Housing Wire
JANUARY 13, 2025
There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. It seems more sellers are coming out every week and that will keep inventory pushing upward. Sellers are up, but sales are down. Home prices could fall.
Housing Wire
JUNE 9, 2025
housing market is experiencing its largest-ever imbalance between home sellers and buyers, with an estimated 1.9 million sellers compared to 1.5 gap — or roughly 490,000 more sellers than buyers — and the widest margin recorded since Redfin’s data tracking began in 2013. Newark, New Jersey, leads with 47.1%
Housing Wire
FEBRUARY 10, 2025
Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.
Housing Wire
MAY 12, 2025
New listings Still on the supply side, we need to look at new listings volume. We finally hit 80,000 new unsold listings. For several years since the end of the pandemic boom three years ago the defining characteristic of this housing market has been how few sellers there are. Each bar is a week.
Housing Wire
FEBRUARY 3, 2025
As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Sellers who dont get an offer may choose to cut their price. There are few offers being made right now, so more sellers are finding the need to reduce their asking price. There are 27.7%
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