Housing supply has increased 12 percent after more than half of the homes listed during November went unsold, the highest peak since 2020, according to Redfin.


tag:reuters.com,2024:binary_RC2PD8AJ2CUB-BASEIMAGE

The Hill

Washington

District of Columbia

United States

US housing supply reaches highest total since 2019: Redfin

Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Nexstar Media Group

Housing supply in the United States improved last month amid a stagnation in sales, with pricing being a key reason for the stale market, according to real estate brokerage Redfin.
“Active listings—the total number of homes for sale—climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5 percent month over month and 12.1 percent year over year,” said a Dec. 30 report from the company.
“A major reason for th…

The Epoch Times

Epoch Media Group

New York

US Housing Supply Hits 4-Year High as Homes Remain Unsold

Redfin data shows home listings climbed 12% year-over-year last month, with Florida and Texas in particular seeing a surge in stale inventory.

Business Insider

Housing supply surges to the highest in 4 years as homes sit on the market for longer amid high prices

The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.

Financial Times

Nikkei Inc.

London

Greater London

England

United Kingdom

Redfin Reports New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From – Company Announcement

Florida and Texas lead the nation in the highest amount of stale listings while Providence, Rhode Island, and Milwaukee, Wisconsin, have the lowest.

NewsNation

Chicago

Cook County

Illinois

America's housing shortage appears to be easing, but a major reason for the increase in supply provides little comfort.

Fox Business

Murdoch family

Housing supply jumps to 4-year high – but it's not all great news

New York faces the worst housing crisis since the Great Depression with more than 130,000 people in shelters, while 71% of African-American households experience tension to reach their monthly financial targets. The United States faces an unprecedented housing crisis, with nearly 800,000 people on the streets, as revealed in a recent report by the Department of Housing and Urban Development. This represents an alarming increase of 18% in just tw…

Nueva York enfrenta la peor crisis de vivienda desde la Gran Depresión con más de 130,000 personas en refugios, mientras que el 71% de los hogares afroamericanos experimentan tensión para alcanzar sus objetivos financieros mensuales. Estados Unidos enfrenta una crisis habitacional sin precedentes, con casi 800,000 personas en situación de calle, según revela un reciente informe del Departamento de Vivienda y Desarrollo Urbano. Esta cifra represe…

Crisis de vivienda en EEUU: 39% más familias afectadas en 2024

telesurtv.net

Housing crisis in the US: 39% more families affected in 2024

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.
Since the pandemic housing boom fizzled out in 2022, the number of unsold completed new homes has been on a steady climb. The number of unsold completed new single-family homes in…

BizToc

Builders have the most unsold inventory since 2009. Here’s what it means for the housing market

Upstract

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the pandemic housing boom fizzled out in 2022, the number of unsold completed new homes has been on a steady climb. The number of unsold completed new single-family homes in October 2024 (113,000) was the highest level since August 2009 (118,000)—although still far below the all-time high in September 2007 (194,000). This rai…

US housing supply reaches highest total since 2019: Redfin

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics