New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market.
Source: Inman News
Days on market drops by nearly 50% amid inventory crisis
Published in contracts, COVID-19, housecanary, inventory, Jeremy Sicklick, low inventory, Markets & Economy, median home price, new listing volume, new listings, News Brief and Select
More from contractsMore posts in contracts »
- Guiding homebuyers through the offer’s fine print: Step 5
- Forget real estate soap operas. Here’s where you should focus
- Russian billionaire’s penthouse among top Manhattan contracts
- 7 elements for crafting airtight contracts in a post-Sitzer world
- 25 contract terms every new agent should master before 2025
More from COVID-19More posts in COVID-19 »
More from housecanaryMore posts in housecanary »
More from inventoryMore posts in inventory »
- Tailwinds pull October existing-home sales up 1.2%
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- 53% of US homes lost value from 2024 — but it’s not a crash
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- 10 compelling reasons that your buyers should purchase now
More from Jeremy SicklickMore posts in Jeremy Sicklick »
- Ally Financial partners with HouseCanary to grow mortgage
- Housing inventory shortage could ease later this year: report
- HouseCanary flies away with $65M in latest Series C funding round
- HouseCanary revives ComeHome as product for mortgage lenders
- HouseCanary CEO: ‘70% of all transactions will be automated’
More from low inventoryMore posts in low inventory »
More from Markets & EconomyMore posts in Markets & Economy »
More from median home priceMore posts in median home price »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- August existing-home sales may have been lowest in a decade
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- Renter households surge as homeownership costs climb
- Falling rates pique buyers’ interest, but not their pocketbooks
More from new listing volumeMore posts in new listing volume »
More from new listingsMore posts in new listings »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- The inventory surge is sputtering. See how your market stacks up
- Median monthly housing payments see sharpest drop in almost 1 year
- An interactive look inside the new-inventory run that’s losing steam
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from News BriefMore posts in News Brief »
- October brought the strongest buyer’s market in 12 years: Redfin
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
More from SelectMore posts in Select »
- The mindset tune-up to future-proof your 2026 business
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Let’s fill in the economic puzzle pieces as key data goes missing
- Amid MRED feud, Zillow says private listings ‘reinforce segregation’
- Tailwinds pull October existing-home sales up 1.2%
Be First to Comment