Tagged: Inventory

Existing-home supply reached its highest level since 2019, but elevated payments and economic uncertainty pushed sales to a 14-month low

Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work

Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume

Prices fell 2.9% in Austin but rose 6.4% in Chicago, showing weak purchase demand is producing local corrections rather than a national one

Redfin’s index rose 3% annually in June, with luxury demand and limited move-in-ready inventory supporting prices despite elevated mortgage rates

June sales climbed 5.9% from a year earlier as mortgage costs eased, while inventory growth slowed to its weakest pace since late 2023, signaling a more balanced purchase market

Realtor.com report finds median down payment drops 19% year-over-year while FHA and VA usage rises

Following the same trend as existing home sales, a growing number of new homes are taking longer to sell

Lower rates and improving affordability are pulling some buyers back into the market

Sellers now outnumber buyers by widest margin in records dating back a dozen years