by Calculated Threat on 1/23/2025 03:51:00 PM
What this implies: On a weekly foundation, Realtor.com reviews the year-over-year change in energetic stock and new listings. On a month-to-month foundation, they report complete stock. For December, Realtor.com reported stock was up 22.0% YoY, however nonetheless down 15.7% in comparison with the 2017 to 2019 identical month ranges.
Realtor.com has month-to-month and weekly information on the prevailing residence market. Right here is their weekly report: Weekly Housing Developments View—Knowledge for Week Ending January 18, 2025
• Energetic stock elevated, with for-sale properties 25.1% above year-ago ranges.
For the 63rd consecutive week, the variety of properties on the market has elevated in comparison with the identical time final 12 months. Nonetheless, the week’s progress was close to ranges seen all through the winter, exhibiting a narrower hole between present and former 12 months listings in comparison with final summer time.
• New listings–a measure of sellers placing properties up on the market–elevated 17.9%.
New itemizing exercise might be bumpy across the holidays as owners flip their consideration to the season’s festivities. This week introduced the very best variety of new listings to the market since October suggesting that sellers are able to get into the market this 12 months. The previous two weeks have introduced essentially the most new listings to date this winter, getting the 12 months began with a jolt of housing exercise.
Here’s a graph of the year-over-year change in stock in response to realtor.com.
Stock was up year-over-year for the 63rd consecutive week.
New listings have jumped lately however stay under typical pre-pandemic ranges.
