Record-low inventory dragged home sales down by a seasonally adjusted 3.6 percent nationwide in December, according to a new Redfin report released Friday.
Source: Inman News
US home sales tally biggest drop since start of pandemic
Published in Brokerage, december 2021 home sales, home inventory, home sales, Industry News, Listings, Markets & Economy, News Brief, Redfin, redfin monthly report and Select
More from BrokerageMore posts in Brokerage »
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Massachusetts broker arrested, accused of embezzling $11.6M
- This real estate exec says artificial intelligence is ‘lying’ to consumers. Here’s his solution
- Jason Oppenheim respects the Compass deal, but says he’s ‘not happy about it’
- The death of old-school SEO, and what it means for real estate
More from home inventoryMore posts in home inventory »
- Is fall the new spring? Market winds may be shifting, NAR says
- Buyer’s market now in doubt as new listings tank 7.3%
- Here’s how strategic homesellers can find success in a shifting market if they start planning early
- It’s a higher-for-longer world, and we’re just living in it: Economist
- Mortgage rate woes undercut June new home sales
More from home salesMore posts in home sales »
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from Industry NewsMore posts in Industry News »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Here are the stories you missed amid the Compass coverage
- Another brokerage just hit a major agent-count milestone
- Fathom’s share price rebounds after $5.4M offering closes
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
More from ListingsMore posts in Listings »
- How a 2008 bankruptcy fueled a top team leader’s comeback
- Buyer’s market now in doubt as new listings tank 7.3%
- 10 hot strategies to help sell your listings this fall
- 3 unconventional ways to make open houses work harder for you
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from Markets & EconomyMore posts in Markets & Economy »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Here’s why price cuts are sweeping the country
- Anywhere: The rise and fall of an industry giant
- Government shutdown could bring mortgage rates down
More from News BriefMore posts in News Brief »
- Man attacks real estate agent at vacant property outside LA
- A mega-team goes indie, and other big-time real estate moves
- Zillow bashes CoStar in request to transfer lawsuit
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Pending home sales jumped 4% in August in positive market signal
More from RedfinMore posts in Redfin »
More from SelectMore posts in Select »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Man attacks real estate agent at vacant property outside LA
- Massachusetts broker arrested, accused of embezzling $11.6M
- This real estate exec says artificial intelligence is ‘lying’ to consumers. Here’s his solution
- Jason Oppenheim respects the Compass deal, but says he’s ‘not happy about it’
Be First to Comment