Inventory Two-Step: New For-Sale Listings Continue to Drop

October 19, 2022 Demetria Lester

According to Zillow's latest market report, inventory levels are up 3% from 2021, leaving more options for buyers and more competitive pressure on sellers. However, new for-sale listings saw an 11.4% drop from August, marking the third straight month of double-digit declines.

Previous Article
Share of ARM Loans Climbs to 14-Year High Mark

As overall mortgage rates edge closer to 7%, mortgage app volume experienced their fourth consecutive month...

Next Article
Residential Construction Falls 8.1% Month-Over-Month

Single-family starts in 2022 are projected to hit an 11-year low, as builder confidence falls to its lowest...