Real Estate News Feed
Weekly Listings Expand
Mon, 17 Mar 2025 15:23:57 GMT
As of March 14th, the inventory of homes available for sale expanded to 656 thousand, compared to 642 thousand the prior week.
Builder Confidence Falls
Mon, 17 Mar 2025 15:23:24 GMT
Builder confidence in the market for newly built single-family homes was 39 in March, down three points from February and the lowest level in seven months, according to the National Association of Home Builders.
Retail Sales Disappoint
Mon, 17 Mar 2025 14:48:23 GMT
Retail sales rose less than expected in February and saw downward revisions for January amid fears the US economy may be growing slower than Wall Street initially thought to start 2025.
Slowdown In Homebuyer Demand
Fri, 14 Mar 2025 15:00:50 GMT
A slowdown in homebuyer demand has put cold water on home price growth which has cooled to 3.2%, the slowest growth in six months.
Active Inventory Increased
Fri, 14 Mar 2025 15:00:15 GMT
The number of homes for sale has now been higher than the previous year for 70 consecutive weeks. This continued rise in active inventory is in part due to less active buyers.
Consumer Sentiment Drops in Early March
Fri, 14 Mar 2025 14:59:33 GMT
Consumer sentiment declined 10.5% to 57.9 in early March, according to preliminary results from the University of Michigan Survey of Consumers.