December Inventory At All-Time Low
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December Inventory At All-Time Low

ByTMN Editor Reading Time: 2 minutes

Monthly home value appreciation accelerated for the first time since July as potential buyers continue to outnumber new listings, driving December inventory to an all-time low, according to Zillow’s latest market report. “Home shoppers picked the shelves clean this December, leaving fewer active listings than ever before in the U.S. housing market,” said Jeff Tucker,…

December Home Sales Saw Largest Drop Since May 2020
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December Home Sales Saw Largest Drop Since May 2020

ByTMN Editor Reading Time: 2 minutes

December was a hot month for homebuyers, but supply couldn’t keep up with demand. Monthly home sales saw their largest decline since the beginning of the pandemic, according to Redfin. Month-over-month sales fell 3.6%, the largest drop since May 2020, and were down 11% year-over-year (YOY), the largest annual decline since June 2020.  The drop…

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