Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a…
Posts published in “inventory”
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the…
The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according…
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate. Source: Inman News
“While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to…
In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry…
The share of homes listed for 30 days or longer increased 12.5 percent in July compared to a year earlier, with 61.2 percent of homes…
Falling sales are driving inventory growth, bit it will take more than a year at the current rate for listings levels to get back to…
Speaking at NAR’s Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said “inventory is turning” and the housing market is heading back toward…