Latest News Reports Weekly Active Inventory Up 55% Year-over-year; New Listings Down 16%


by Calculated Risk on 12/15/2022 02:24:00 PM has monthly and weekly data on the existing home market. Here is their weekly report released today from Chief Economist Danielle Hale: Weekly Housing Trends View — Data Week Ending Dec 10, 2022. Note: They have data on list prices, new listings and more, but this focus is on inventory.

o Active inventory growth held steady with for-sale homes up 55% above one year ago. Inventory growth climbed higher this week after last week’s first pause in eight weeks….o New listings-a measure of sellers putting homes up for sale-were again down, this week by 16% from one year ago.
This marks the twenty-third consecutive week of year-over-year declines in homeowners listing their home for sale, and the decline was much bigger than last week’s smallest decline since July.

Here is a graph of the year-over-year change in inventory according to

Note the rapid increase in the YoY change earlier this year, from down 30% at the beginning of the year, to up 29% YoY at the beginning of July.

Then the data was stuck at up around 26% to 30% YoY for 14 weeks in a row. This was due to the slowdown in new listings, even as sales had fallen sharply.
Then the YoY change started increasing sharply again (inventory is likely falling seasonally week-to-week now, but the comparison is YoY).

Hedge funds’ Tether attention trigger calls for transparency

Previous article

Drill Results Support Heap Leach, Oxide Gold Operation

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News