Fewer homes were available in November than in any period on record, driving prices 15 percent higher than last year, Redfin reports. Source: Inman News
Posts published in “home inventory”
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record…
Home sales declined in August on a seasonally adjusted basis, settling in 6 percent lower than the same time last year. Source: Inman News
The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Source: Inman News
Rent prices were 9 percent higher in July than at the same time last year, evidence of a rental market recovery in full swing. Source:…
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels. Source:…
Buyer fatigue and a growing home inventory may have contributed to a reduction in bidding wars in June, according to Redfin agents. Source: Inman News