by Calculated Threat on 1/23/2025 03:51:00 PM
What this implies: On a weekly foundation, Realtor.com experiences 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 similar month ranges.
Realtor.com has month-to-month and weekly knowledge on the present 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 houses 25.1% above year-ago ranges.
For the 63rd consecutive week, the variety of houses on the market has elevated in comparison with the identical time final yr. Nevertheless, the week’s progress was close to ranges seen all through the winter, exhibiting a narrower hole between present and former yr listings in comparison with final summer season.
• New listings–a measure of sellers placing houses up on the market–elevated 17.9%.
New itemizing exercise could be bumpy across the holidays as householders flip their consideration to the season’s festivities. This week introduced the best variety of new listings to the market since October suggesting that sellers are able to get into the market this yr. The previous two weeks have introduced essentially the most new listings thus far this winter, getting the yr began with a jolt of housing exercise.
Here’s a graph of the year-over-year change in stock in accordance with 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.
