Realtor.com: Days On Market Grows For The First Time In Over Two Years
Time on market was 42 days, 5 days more than last year but 22 days less than typical pre-pandemic levels.
Time on market was 42 days, 5 days more than last year but 22 days less than typical pre-pandemic levels.
Agency said that, compared to the first quarter of 2022, house prices were up just 4%.
Black Knight analyst says data shows clear signs that housing-price growth “tipped from deceleration to decline” in July.
While new listings dropped 12%, overall housing supply is growing, giving buyers more choices.
NAR report says housing affordability tumbled dramatically in the second quarter.
Indicators of homebuyer activity ,such as online searches, requests for tours and agents’ help and mortgage applications, rose as mortgage rates fell below 5%.
The price per square foot of a U.S. home is higher than ever.