In the latest housing market update, inventory levels have shown significant changes. As of April 4th, the inventory stood at 691 thousand units, calculated as a 7-day average. This marks a 2.3% increase from the previous week, when the inventory was at 676 thousand units. More strikingly, the year-over-year comparison reveals a 34.7% rise in inventory from the same week in 2024, which had seen a 30.6% increase the week before. However, when compared to 2019, the inventory is still down by 17.4%, an improvement from the 19.0% decrease observed the previous week. Analysts predict that inventory levels will soon surpass those of 2020 and may approach 2019 levels by the end of 2025.
Darth Powell
@VladTheInflator
·
Mar 9 “Supply is rising and demand is falling. Housing inventory has risen to its highest level since 2020.”
– Redfin
Altos
@AltosResearch
·
Mar 31 Pending home sales are finally inching above last year’s pace – but supply is building faster, and price cuts are rising. Is the market shifting to “sales up, prices down”?
Catch the full weekly update with Mike Simonsen https://hubs.ly/Q03fcqSc0
MAX LONG
@MaxLongCEO
·
Apr 3 New Listings hit highest March level in three years, rising 10.2% annually while prices remain flat
Boomer Apocalypse Loading
Shazi
@ShaziGoalie
·
Feb 7 They told you: “When rates drop, prices go up.”
But now? Listings are flooding in.
Buyers are gone.
Prices are slipping.
• Active listings up 70% YoY
• New listings up 165% MoM
• Sales falling, but desperation rising
The
Jesse Fisher
@AZinvestorNews
·
Mar 11 Axios: “Not only have home prices soared over the past decade, but it’s the “affordable … – Bluesky – https://arizonainvestor.news/market-updates/housing-inventory/axios-not-only-have-home-prices-soared-over-the-past-decade-but-its-the-affordable-bluesky/…
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#AZRealEstate
BAM
@nowbammedia
·
26m Purchase applications, pending sales, and inventory are up after mortgage rates hit a year-to-date low on Friday. Today’s Hot Sheet breaks down the latest housing market update from Logan Mohtashami of HousingWire:
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