Tagged: Housing Inventory

Increases in income, inventory not enough to offset price, rate increases

But, industry experts say sales data obscure still-strong demand for new construction.

Total number of homes increased 23% from last year, up 4% from May to June

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.