A new HouseCanary report finds that housing inventory has probably peaked for the year, and the peak was the lowest recorded since the pandemic began. Is there any relief on the horizon?
Read More »Sale-to-List-Price Ratio Stands at 98.9%
This number is just above recorded lows set in January 2023.
Read More »Inventory Numbers Tumble Amid Greater Market Turbulence
“The collapse of three banks in March coupled with additional rate hikes from the Fed could have significant implications for mortgage rates heading into the spring buying season,” said Jeremy Sicklick.
Read More »List-to-Sale-Price Ratio Returns to Pre-Pandemic Levels
Currently standing at 96.8%, the number of homes listed versus those for sale was the lowest reported since Q1 of 2019.
Read More »New Home Listings Down Nearly 30% YoY
HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market ...
Read More »Supply Shortage, Rising Rates Push Buyers Into Homes Sooner
HouseCanary, Inc. has released its latest Market Pulse report, — a continuous review of proprietary data and insights from Housing Canary — covering 22 listing-originated metrics and comparing data between ...
Read More »Mortgage Rates Rise to Six-Month High
Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.
Read More »Despite Rise in Inventory, Mortgage Application Volume Declines
Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.
Read More »Fewer Listings Under Contract YoY in July
Record-high home prices may be causing some buyers to retreat, as affordability continues to play a factor in homebuyers’ decisions.
Read More »Homebuyers Seek a Piece of the Shrinking Pie
Competition remains strong among buyers, as a new analysis reveals homes spent 30% fewer days on the market in June year-over-year, highlighting continued competition amongst buyers
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