Housing Market “Finds Its Footing”
Is the housing market settling back to normal?
Tagged: Inventory
June Housing Inventory Up Most In Over 12 Years As Price Growth Slows
Black Knight Mortgage Monitor Report says home listings rose 22% while price growth slowed 2%.
Redfin: Home Inventory Up For First Time In Almost 3 Years
High mortgage rates are keeping homebuyers reluctant, leading to declining home sales and a build-up of supply.
Realtors: Lack Of Inventory Hindered Home Sales In 2021
Lack of supply & housing affordability cited as biggest hurdles in latest NAR survey.
May Sees Largest Monthly Slowdown In Home Price Growth Since 2006
As of May 19, the share of median income required to make the P&I payment had climbed to 33.7%, just shy of the 34.1% high reached in July 2006.
RE/MAX: Closings In May Down Year-Over-Year as Inventory Grows
Closings in May 2022 were 8.5% lower than May 2021.