Total number of homes increased 23% from last year, up 4% from May to June
Tagged: Housing Inventory
Year-over-year increases show the housing market continues to slowly shift in favor of buyers.
Cooling inflation is cooling home prices, Redfin report indicates
Florida and Texas see particularly strong growth, softening prices in those states.
Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
HouseCanary says a muted Spring buying season is likely to extend into the months ahead.
New listings are up 21% annually, evidence of rate lock weakening.
Despite challenges, experts anticipate a potential decline in final sale prices as price growth slows.
NAR reports mixed trends as housing market recovery faces mortgage rate challenges.
August records a 4% month-over-month increase, but total inventory remains critically low.