General World News

Housing Market Tracker: Inventory finally rises

Can we now say that the housing market‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Still, we have some promising signs that we might have finally hit the inventory bottom for 2023.

We didn’t see too much volatility in mortgage rates last week, but purchase apps declined in reaction to rates rising two weeks ago.

Here’s a quick rundown of the last week:

  • Active listings rose by 8,546, and new details ⇒

    BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com