Weekly housing inventory data can fluctuate due to short-term factors like holidays. However, despite these one-week moves, the growth in active and new listings on a year-over-year basis is a positive sign for the housing market.
Spreads between the 10-year yield and the 30-year mortgage rates improving last week is a positive indicator for the future. Although the weekly inventory change showed a decrease, the overall growth trend remains slow in 2024.
[
add
]
[
|
|
...
]