Inventory rose due to a steep drop in homebuyer demand and homes that are spending more time on market while sellers pulled back on listing new properties, according to Realtor.com data. Continue reading
The long-awaited recovery in home inventory is in full swing. It’s not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com Continue reading
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Continue reading
Data from analytics firm CoreLogic shows 67.9 percent of U.S. regional housing markets were overvalued as of the latest available data from March, meaning incomes in those markets can no longer support home prices. Continue reading
Fewer homes were available in November than in any period on record, driving prices 15 percent higher than last year, Redfin reports. Continue reading
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading
Home sales declined in August on a seasonally adjusted basis, settling in 6 percent lower than the same time last year. Continue reading
The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading
Rent prices were 9 percent higher in July than at the same time last year, evidence of a rental market recovery in full swing. Continue reading
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels. Continue reading