General World News

Housing Market Tracker: Spring inventory grows

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week.

Here’s a quick rundown of the last week:

  • Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.
  • Purchase application data rose 5% weekly, keeping the streak of more details ⇒

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