...in inventory. There were 4% fewer Redfin.com users looking to move to a new metro in November than a year ago, compared with a 3% year-over-year drop for Redfin.com users...

...817,863 representing about 3.6 months of inventory. Four to five months of inventory is considered balanced. The median days on market for a typical home is 39 days, a two-day...

...ease the affordability crisis, expand housing inventory, and lower inflation.” Realtor.com Chief Economist Danielle Hale added, “Pending home sales or contract signings measure the earliest formal step in the home...

...Increase: Inventory Average Many MSAs have seen increases of over 100% in rental inventory average over the past year, pointing to a housing market pullback due to high interest rates...

...new home construction reaching its highest level since May, signals a response to meet heightened demand as current inventory remains low.” Builder confidence has taken a turn for the better,...

...high interest rates combined with a reduction of inventory continues to push up housing costs. It doesn’t seem likely interest rates will go down significantly soon, either, so affordability will...

...supply of inventory in November was 2.6, larger than 2.3 in October and 2.5 in November 2022. “Although November results are in line with trends we’ve seen this year, there’s...

...Lenders are ready for the challenges ahead and are dedicated to becoming even better at supporting home buyers in their pursuit of the American Dream. More inventory would help, but...

...year-over-year price increases. The inventory of unsold existing homes slid 1.7% from the previous month to 1.13 million at the end of November, or the equivalent of 3.5 months' supply...

...shortage, boosting new home production is the best way to ease the affordability crisis, expand housing inventory, and lower inflation.” With mortgage rates still running above 7% throughout November, many...