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housing inventory

Newsfeed: US Pending Home Sales Plunged In March As Rates Rebounded

Newsfeed: US Pending Home Sales Plunged In March As Rates Rebounded

Weakness in existing home sales was swamped by surprising strength in new home sales (largely skewed by dramatic incentives from builders) and today Pending home sales breaks the tie (expected to show a small 0.8% MoM rise in sales). Instead, pending home sales tumbled 5.2% MoM, dragging the YoY sales down 23.26%…

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Newsfeed: “We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses

Newsfeed: “We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses

Another month, another plunge in housing.

Hot on the heels of the latest catastrophic homebuilder sentiment print and plunging single-family starts and permits, analysts expected existing home sales to accelerate their recent decline with a 4.9% MoM drop in July.

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Newsfeed: US Housing Inventory Grows At Record Pace As Buyers Slow Down; Shiller Warns Of ‘Heightened Risks’

Newsfeed: US Housing Inventory Grows At Record Pace As Buyers Slow Down; Shiller Warns Of ‘Heightened Risks’

The number of houses sitting on the market grew at a blistering pace last month, with the number of active listings jumping 31% vs. the same period last year – a record-high increase for a third straight month, Bloomberg reports, citing a Tuesday report from Realtor.com.

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Newsfeed: US home listings just surged 19% in a turnaround for the supply-constrained real estate market — but housing affordability keeps dropping like a rock

Newsfeed: US home listings just surged 19% in a turnaround for the supply-constrained real estate market — but housing affordability keeps dropping like a rock

Potential homeowners in the United States received a touch of relief this month as Realtor.com released new data stating home inventory increased by 18.7% in June.

Newsfeed: US home listings just surged 19% in a turnaround for the supply-constrained real estate market — but housing affordability keeps dropping like a rock Read More »

Newsfeed: “Major Turning Point” – US Housing Inventory Rises For First Time Since 2019

Newsfeed: “Major Turning Point” – US Housing Inventory Rises For First Time Since 2019

Mortgage costs are the most expensive in years as the Federal Reserve embarks on aggressive quantitative tightening, implying that the souring macroeconomic climate may not support extraordinary home price growth for much longer as the national inventory of homes increases for the first time in years, according to Realtor.com data.

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