inventory News

March Sees a Sharp 5.9% Drop in US Existing Home Sales Amid Rising Prices and Inventory

In March, US existing home sales fell by 5.9%, with prices rising 2.7% year-over-year. High mortgage rates and affordability challenges are impacting the market, as noted by NAR's ...

March Sees a Surprising 7.4% Surge in US New Home Sales, Defying Market Expectations

US new home sales rose by 7.4% in March, with 724,000 units sold, a 6% increase from last year. Inventory grew slightly, with a median sale price of $403,600, reflecting a decrease...

March Sees a Surprising 7.4% Jump in US New Home Sales, Signaling Market Resilience

New single-family home sales in the US rose by 7.4% in March, with 724,000 units sold, indicating a strong housing market. Inventory increased slightly, while median prices saw a d...