bee Calculated Risk On 3/13/2025 07:41:00 PM
What this means: On a weekly base, realtor.com reports the year-over-year change in Active Inventory and New Listings. On a monthly basis, they report total inventory. For February, Realtor.com Reported Inventory was up 27.5% yoy, but still down 22.9% compared to the 2017 to 2019 Same Month Levels.
Realtor.com has monthly and weekly data on the existing home market. Here is their Weekly Report: Weekly Housing Trends View – Data for Week Ending March 8, 2025
• Active Inventory Increased, With For-Sale Homes 27.8% Above Year-Ago Levels
The number of homes for sale has now is higher than the previous year for 70 conseecutive weeks. This continued rise in Active Inventory is in part due to less active buyers. With more choices available, buyers can afford to be more selective, putting pressure on sellers to price competitively.
• New Listings – A Measure of Sellers Putting Homes Up for Sale – Increased 8.3%
Newly Listed Inventory Grew for the Ninth Consecutive Week, Signing That Sellers are gaining confidence in Listing their homes despite persistently high mortgage rates. This week's annual growth picked up compared to last week's rather tepid measure.
Here is a graph of the year-over-year change in inventory according to realtor.com.
Inventory was up Year-Over-Year for the 70th Consecutive week.
New Listings have increased recently but remain below typical pre-pandemic levels.