New listings have peaked for 2024: It’s the second-lowest year on record
Housing Wire
JULY 27, 2024
One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. Many of my CNBC interviews , starting from late last year and just last week , have been on this theme, and new listings have grown in 2024. But, I set targets with a minimum 80,000 new listings for at least one week at the seasonal peak and that didn’t happen; the peak so far was 72,329, and now we are enter
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