New Listings Down 15% Compared To Last Year

New Listings Down 15% Compared To Last Year

Listings are down more than 15% from last year, another pain point on the market ahead of the typically zippy spring buying season. HouseCanary’s February Market Pulse Report found that net new listings were 15.3% lower than in February 2023. Overall, inventory is up 11.7% YOY but remains generally constrained, limiting new activity. This is…

Buyers Lost Purchase Power In September, But Hope Springs From Listing Bump

Buyers Lost Purchase Power In September, But Hope Springs From Listing Bump

Monthly payments are going up as mortgage rates continue to climb but a boost in new listings could signal a fall price cooldown. Rates have soared to their highest level in more than two decades, sending monthly housing payments to record highs. A buyer with a $3,000 monthly budget has lost almost $40,000 in purchasing…

Volume Of Home Price Drops Up 95% YOY

Volume Of Home Price Drops Up 95% YOY

Home price drops are up more than 95% from last year as the market cooldown continues into fall, according to HouseCanary’s latest Market Pulse report. The report compares data between August 2021 and August 2022 and is an ongoing review of insights from HouseCanary’s platform. The data shows that the monthly nationwide supply continues shrinking…

After 14 Months of Price Hikes, New Listings, Closings Down

After 14 Months of Price Hikes, New Listings, Closings Down

A Redfin report found the number of new listings in September fell 9% year-over-year (YOY). Closed home sales and active listings also dropped — by 5% and 19% YOY — respectively. September marked the fourteenth month of consecutive double-digit price increases, with the median price of homes sold at $376,800, up 14% from the previous…

End of content

End of content