There's a shift happening in some housing markets-just look at inventoryWhen assessing home price momentum, monitor active listings and months of supply. Increased active listings may signal pricing weakness, while a decline could indicate a heating market.
Housing demand stalls as buyers wait for lower ratesThere's a significant increase in the inventory of single-family homes on the market, partly due to a slower homebuyer demand and higher mortgage rates.
Home prices are slipping in Florida, Arizona and TexasMortgage rates in the 7s are impacting home sales and prices. Inventory is increasing, particularly in states like Florida, Arizona, and Texas.
Housing demand stalls as buyers wait for lower ratesThere's a significant increase in the inventory of single-family homes on the market, partly due to a slower homebuyer demand and higher mortgage rates.
Home prices are slipping in Florida, Arizona and TexasMortgage rates in the 7s are impacting home sales and prices. Inventory is increasing, particularly in states like Florida, Arizona, and Texas.
February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dipHome sales in February rose 9.5% to a strong pace fueled by lower mortgage rates and increased inventory.Median sales price in February climbed to $384,500, the highest in records dating back to 1999.