Weekly home inventory data Housing inventory is expected to hit a seasonal low sometime in early 2026, hopefully sooner rather than later. We don’t want what happened in 2023, when the seasonal bottom was reached in April. We wish the seasonal bottom would occur in February: more supply means less price growth and better affordability. […]
“This is a lot of sabre-rattling,” Murray said HousingWire. “It’s also going to depend on who’s doing the measuring, and I’ve done a lot of research on this over the years. It hasn’t changed much. There are north of 16 million single-family homes, condos or co-ops that are owned by investors, the smaller investors. The […]
AWAY to the Housing Act With the goal of streamlined permitting, expanded infrastructure investments, and new developments to increase housing supply and affordability across the country, NAR has been a strong supporter of the ROAD to Housing Act since it was first introduced in the fall of 2024. “The ROAD to Housing Act recognizes what […]
Weekly home inventory data Housing inventory is now in the traditional seasonal slump for December, but the inventory growth story, which I was pleased to see earlier this year, has changed a lot in recent months. The latest stock growth rate has now fallen to 13.54%, which is still positive, but not as strong as […]
By NAR: “Sales of existing homes rose for the third month in a row due to lower mortgage rates this fall,” said Lawrence Yun, NAR’s chief economist. “However, inventory growth is starting to stagnate.” My central theme when selling existing homes has always been that the bar is so low that we can trip over […]
Yet many still expect growth, especially in the areas of multi-family housing, senior housing and workforce housing. While only 29% of respondents plan to expand their operations by 2026, more than half believe access to affordable housing will increase, reflecting what TD Bank leaders describe as “cautious optimism” across the industry. Andrew Warren, senior vice […]
U.S. existing home sales rose modestly in November due to an easing of mortgage rates, but economic uncertainty is keeping potential buyers on the sidelines. Friday’s report from the National Association of Realtors also showed that the inventory of previously owned homes fell to the lowest level in eight months from October, limiting choice for […]
Nick Erickson, senior director of housing policy for Housing First Minnesota and director of the Housing Affordability InstituteAccording to the affordability figures since 2020, a sharp distinction has been made between the cities. “There’s a great one report that (the Pew research Center) that was published a year or two ago, showing that reforms in […]
Mortgage purchase application details Mortgage purchase application data is a forward-looking indicator as it typically takes about 30 to 90 days for purchasing apps to lead to home sales. In some cases it may even be longer, as most sellers are homebuyers and it depends on how long it takes to sell and buy their […]
“Boston remains a top five market nationwide economically, in terms of job stability, manufacturing, education, biotechnology and technology, the bottom line being lower unemployment and higher wages,” he said. “It really has a global appeal, and that’s not even counting the kind of European lifestyle of Boston, with all its history.” He added that the […]