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Inventory Levels Up 36.7% from Last Year

Inventory Levels Up 36.7% from Last Year

by Phil Hall | Jul 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes actively for sale in June increased by 36.7% from one year earlier, according to new data from Realtor.com. This represents the eighth consecutive month of year-over-year listings increases. All four regions recorded year-over-year inventory...
New York State’s Housing Inventory Sinks to New Record Low

New York State’s Housing Inventory Sinks to New Record Low

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing inventory across New York State plummeted to a new record low in March, according to the housing report released today by the New York State Association of Realtors (NYSAR). The total inventory of homes across the Empire State was down 14.7% year-over-year,...
RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales

RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in March increased 21.6% over February, according to new data from RE/MAX LLC, which attributed this spike to a 20.9% increase in new listings that resulted in a 7.7% expansion in inventory. “As we move into what is normally the prime homebuying...
Zillow: New Listings Up 21%

Zillow: New Listings Up 21%

by Phil Hall | Mar 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ:Z, ZG) reported new listings of existing homes on its platform were up 21% year-over-year in February, which followed a 20% annual uptick in January. Zillow noted new listings were up from one year ago in all of the nation’s 50 largest metros,...
Housing Inventory Up for Third Straight Month

Housing Inventory Up for Third Straight Month

by Phil Hall | Feb 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes actively for sale during January increased by 7.9% from one year earlier, according to data from Realtor.com, which added median listing prices recorded a growth of 1.4% compared to the same time last year. In January, more than half of the 50...
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