Housing inventory drops noticeably on election week
Briefly

"In the past two years, starting in mid-November, mortgage rates have fallen, and we have seen positive, forward-looking housing demand data. Will that be the case again?"
"If we have seen the peak for inventory, the best housing story in 2024 is that we have healthy enough inventory growth to handle demand if mortgage rates drop to 6% or below."
"2024 will be the second-lowest year for new listings ever. And last week, we had the lowest new listings data in history."
Read at www.housingwire.com
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