General World News

Housing Market Tracker: Spring inventory falls

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. Hopefully, this is just a blip, which can occur from time to time with weekly data. We had a lot of drama over the week between Federal Reserve meetings and banking stress, and mortgage rates and purchase applications both fell.

Here’s a quick rundown of the last week:

  • Total active listings fell by 2,545, and new listing data details ⇒

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