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First-time home buyer data: listings up, prices down in Q4

In the fourth quarter of 2024, home prices fell slightly by 4%, while inventory rose by 2%, according to NerdWallet's report.
According to the National Association of Realtors, the number of existing homes sold in 2024 was the lowest since 1995.
Affordability remains a major issue for first-time buyers, with 26% of nonhomeowners stating mortgage interest rates are too high, according to NerdWallet's 2025 Home Buyer Report.
Major cities like San Diego and Miami saw significant increases in inventory, with listings rising 53% and 51% year over year, respectively.

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New Zealand's housing market might have turned a corner, but it is still a tough time to be a seller.

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The Trentonian

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First-time home buyer data: listings up, prices down in Q4

By Elizabeth Renter, NerdWallet Buying a home in the fourth quarter of 2024 would have been like finding dirt-cheap eggs — difficult. Though home prices decreased slightly and the number of homes crept up, the market remained particularly challenging for first-time home buyers. The last quarter of 2024 was as typical as could be expected in the current housing market. Which is to say, it was a little weird. As the weather cools, prices tend to f…

1 day ago

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