Zillow, Seattle, reported that the anticipated spring recovery for the home sales market stalled somewhat in April as rates increased. For the first time this year, new listings grew more on an annual basis than home sales.
Tag: Inventory
ICE Mortgage Monitor: Early Spring Housing Market Shows Firmer Prices
The spring housing market began on stronger footing, buoyed by improved affordability and slowly rebuilding inventory despite the recent uptick in interest rates, according to the latest ICE Mortgage Monitor report.
Redfin Reports Housing Inventory Slump: 39% Fewer Homes for Sale Than Pre-Pandemic
Redfin, Seattle, dug into the ongoing housing inventory crunch, finding there are 39% fewer homes for sale now compared with June 2018.
Redfin: Home-Buying Demand Strengthens Despite Stricter Lending Standards, Inventory Shortages
Redfin, Seattle, said home-buying demand shook off more than five million new claims for unemployment assistance and continued to strengthen last week.