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JANUARY 28, 2022

December Housing Inventory Highest Since 2007. Home sales are down year-over-year, but additional inventory could relieve record-high demand. New home sales increased to a seasonally adjusted annual rate of 744 thousand in December 2021, though yearly sales remained 7.3% Fri, 01/28/2022 - 10:23. months from 6.6

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OCTOBER 27, 2021

Record Low New Home Sales and Construction Inventory. Wed, 10/27/2021 - 09:57. After a boom in new home sales during the first months of the pandemic, rates are steadily declining year-over-year with an inventory supply just above the record low of 33 thousand, according to the CalculatedRisk Newsletter. Housing Markets.

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NOVEMBER 24, 2021

Local Housing Markets Report Low Inventory in October. Wed, 11/24/2021 - 09:47. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Local housing markets reported low inventory for the month of October, and markets in Jacksonville, Miami, and San Diego even reached record lows.

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JULY 30, 2021

Homebuying Activity Returns as Inventory Increases. Fri, 07/30/2021 - 09:36. An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National Association of Realtors (NAR). June housing inventory was up 3.3% cbroderick. There were 1.6

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AUGUST 10, 2021

Forbearance Exits Expected to Add Inventory. Tue, 08/10/2021 - 09:37. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. months of inventory to come as a result. cbroderick. For context, this additional 0.40

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DECEMBER 27, 2021

Low Inventory Slows New Home Sales at the Close of 2021. Mon, 12/27/2021 - 10:19. Though sales of single-family houses are rising on a monthly basis, November 2021 rates were down 14 percent year-over year at a seasonally adjusted annual rate of 744,000, according to the CalculatedRisk Newsletter. This is 12.4

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DECEMBER 6, 2021

Metro Denver Reports Low Housing Inventory in November. Mon, 12/06/2021 - 10:12. Ongoing housing shortages are creating a competitive Denver market. Normally, the inventory of homes for sale drops 11.4% November’s inventory was also a record low for the month, according to the report. Housing Markets.

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MAY 18, 2021

Monthly Housing Inventory Drop Improved Slightly in April. Tue, 05/18/2021 - 09:25. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Inventory was down 30.3% cbroderick. from March instead. from March instead. Breakneck Growth.

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APRIL 28, 2022

New Home Sales Slowed in March Despite Increased Inventory. New home sales are declining year-over-year after soaring during the first months of the pandemic, but housing supply is on the rise, says Bill McBride in the CalculatedRisk Newsletter. below the March 2021 estimate of 873,000. . Thu, 04/28/2022 - 10:27.

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SEPTEMBER 23, 2021

Is Housing Inventory Much Lower Than We Think it is? Thu, 09/23/2021 - 10:58. It seems likely that active inventory is down close to 25% year-over-year, rather than 13.4%. Inventory is very low, and was down 13.4% Inventory is very low, and was down 13.4% months set in December 2020 and January 2021.

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APRIL 15, 2021

Here's What Housing Economists Say About Remote Work and Housing Inventory. Thu, 04/15/2021 - 10:29. Remote work, at least part time, will be a trend shaping the future of the housing industry permanently, according to housing economists and real estate experts. cbroderick.

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APRIL 23, 2021

Housing Inventory Shows Promising Signs of Potential Rebound. Fri, 04/23/2021 - 10:10. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. For-sale inventory dropped 1.1% For-sale inventory dropped 1.1%

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DECEMBER 2, 2020

What to Expect from 2021's Housing Market. After a year of many broken records, there remains much uncertainty about the 2021 housing market. next year as for-sale inventory becomes more robust, which may happen in the second half of 2021. previously lived in abodes) are projected to increase 7% in 2021.

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JANUARY 21, 2022

Existing-Home Sales Dropped in December as Inventory Reached Record Low. December sales fell on both a month-over-month and a year-over-year basis, though overall sales for 2021 finished strong. million as inventory fell to an all-time low of 910,000 units in December. Housing Markets. Fri, 01/21/2022 - 10:28.

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APRIL 12, 2021

Will Vaccines Boost Housing Inventory? Mon, 04/12/2021 - 09:08. Harsh winter weather and ever-dropping housing inventory can be to blame for the recent drop in pending home sales. cbroderick.

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JUNE 14, 2021

2021 Housing Giants Report: An Unforgettable Forgettable Year. Mon, 12/06/2021 - 12:00. New and old challenges confronted the housing industry in 2020, and it may never be the same. housing industry? SEE THE LIST: 2021 Housing Giants Ranked List. The V-Curve and Housing's Role in Economic Recovery.

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NOVEMBER 1, 2021

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory. Mon, 11/01/2021 - 10:03. With a scarcity of homes for sale in the third quarter of 2021, fewer buyers are expecting to find a home with current market availability, reports the NAHB’s Eye on Housing.

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MAY 6, 2021

New Construction Hits Record Highs as Inventory Posts Record Lows. Thu, 05/06/2021 - 09:48. The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief. during the first quarter of 2021 compared to 2020 and housing starts rose 15.3%

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FEBRUARY 9, 2022

With Limited Inventory, Buyers Are Competing for an Aging Housing Stock. As a result, inventory is disappearing, and buyers are facing record high prices and a tight competition for a limited supply of existing homes rather than new construction. Housing Markets. Wed, 02/09/2022 - 10:21. New-Home Sales. New-Home Sales.

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JANUARY 10, 2023

Will Inventory Fall to All-Time Lows Again in 2023? Despite a sudden uptick in purchase applications, total housing inventory is on the verge of falling below 1 million for only the second time in recent history in 2023. housing market traditionally has between 2 million and 2.5 Weekly inventory change: (Dec.

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AUGUST 19, 2021

New Federal Reserve Study Seeks Answers for Housing Inventory Decline. Thu, 08/19/2021 - 10:53. A new study by the Federal Reserve sought to discover whether the lack of inventory caused rising home prices. Some counties reported 60% year-over-year declines for inventory, others saw 30% drops, says MarketWatch.

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JANUARY 3, 2023

As demand skyrocketed while housing supply remained historically low, home prices soared to an all-time high of $430,365 in May, and median rent prices also reached a record high of $2,053 in August. In fact, from October 2021 to October 2022, mortgage rates doubled in one year for the first time in history.

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FEBRUARY 26, 2021

Is the Pandemic Entirely to Blame for Record-Low Housing Inventory? Fri, 02/26/2021 - 09:26. The same can be said for record-low housing inventory. Since the Great Recession and resulting housing bust, builders have constructed fewer homes, especially in relation to the increasing population. cbroderick.

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DECEMBER 16, 2020

Housing Markets Expected to Thrive in 2021. While many unexpected housing markets boomed this year due to the pandemic, 2021 may be the year for these 15 cities, says Forbes. Read on to find out the top housing markets to watch in 2021. cbroderick. Wed, 12/16/2020 - 09:51. Boise, Idaho.

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FEBRUARY 7, 2022

Record High Share of Houses for Sale Are New Construction. As housing demand surges and inventory dwindles, the share of newly built single-family homes for sale in December made up one-third of total housing inventory, up 25.4% By the end of December 2021, overall inventory dropped 14.2%

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SEPTEMBER 16, 2021

Could the Fall Season Bring a Cooler Housing Market? Thu, 09/16/2021 - 10:56. August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. Zillow’s August 2021 market report found the typical cost of a home in the U.S. cbroderick.

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JUNE 18, 2021

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

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JUNE 30, 2022

The Nation’s Hottest Housing Markets Are Finally Cooling. Local housing inventories are climbing in some of the nation's most in-demand metros and suburbs, signaling greater affordability and more opportunities for home purchases in the near future. The growth in home prices has also slowed in the Elk Grove housing market.

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AUGUST 31, 2021

Why We Won’t See a Housing Market Crash. Tue, 08/31/2021 - 10:34. A growing list of doomsayers point to the shifting market as taking us one step closer to a bursting housing bubble. In their minds, housing went up too fast and now must come back down. In their minds, housing went up too fast and now must come back down.

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FEBRUARY 2, 2021

Despite Low Inventory, Buyers are Positive About Housing Availability. Tue, 02/02/2021 - 09:12. Prospective homebuyers were more negative about the housing market conditions, specifically housing availability, in 2019 compared to 2020, according to the National Association of Home Builders’ Housing Trends Report.

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FEBRUARY 6, 2023

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock ldeakins Mon, 02/06/2023 - 10:35 Prospective buyers searching for new homes are instead finding a growing inventory of for-sale properties that are 40 years or older The U.S. was 40 years in 2021, the oldest supply on record. New construction added nearly 8.3

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JUNE 10, 2021

Experts Say Relaxed Zoning Rules Will Boost Housing Supply. Thu, 06/10/2021 - 10:10. The most effective way to increase the supply of housing would be to relax zoning rules, according to results from Zillow’s Home Price Expectations Survey. cbroderick. million homes to the U.S. million homes to the U.S.

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NOVEMBER 1, 2021

Housing Market. Mon, 11/01/2021 - 10:07. A nationwide supply shortage drove up home prices and market competition throughout 2021, breaking market records and driving away large segments of would-be homebuyers. . The Case-Shiller Index shows home prices jumped from 7% to 19% from September 2020 to June 2021.

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MARCH 25, 2021

As Spring Buying Season Approaches, Inventory Drops. Thu, 03/25/2021 - 10:09. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. The Washington Post reports the number of homes for sale in February 2021 was 48.6%

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APRIL 21, 2022

March Home Sales Dropped as Inventory Dwindled and Prices Soared. For-sale homes were in short supply during March, but even those who managed to find pockets of inventory were held back by elevated prices. lower than the same period in 2021. Thu, 04/21/2022 - 10:21. March home sales were down 4.5% March home sales were down 4.5%

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NOVEMBER 30, 2021

Housing Markets to Watch in 2022. Tue, 11/30/2021 - 10:14. Forbes reveals its list of the hottest housing markets for the new year. to suburban communities, the hottest housing markets of 2022 are defined by the most appealing sales-to-list price ratios, median sale prices, and for-sale inventory over a 5-year period.

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NOVEMBER 1, 2021

What to Expect in the 2022 Housing Market. Mon, 11/01/2021 - 09:48. The decisive force in the 2022 housing market will likely be inventory after a year of high competition and low supply, according to Bill McBride’s CalculatedRisk Newsletter. The key in 2022 will be inventory. million in 2021, up from 1.38

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