Webb9 feb. 2024 · If 100 active listings are available, and 10 homes sold in the most recent month, then there is approximately 10 months of housing inventory for buyers to choose from. In December 2024, the months of inventory across Canada was just 1.88, which is 65% lower than the historical median recorded by CREA since 2007. –. Webbför 20 minuter sedan · Spring is here, and you might be ready to make a move. Perhaps you’re hoping to avoid the sky-high prices and bidding wars of the past few years, but …
Total mortgage debt increased to $11.2 trillion in 2024
Webb6 juli 2024 · The reasons: A record-long expansion of the economy and low unemployment, pre-COVID-19. Historically low interest rates that boost buying power. Millions of new millennial home shoppers entering the market while older generations remain in place. A sharp drop in new home construction over the past decade. WebbHousing inventory: Historically low levels. While trending downward for the last couple years, inventory levels are now so low that experts predict that it will be at least two … is techrepublic legit
Why a Housing Market Crash May Be Closer Than You Think
Webb10 apr. 2024 · During the hottest labor market in history, wage growth was falling year-over-year, not spiraling out of control. Mortgage rates started last week at 6.44% and fell to a low of 6.16%, then ended ... Webb23 mars 2024 · This statistic provides an indication of the size of the new for-sale inventory in relation to the number of new houses currently being sold. The months' supply … Webb19 feb. 2024 · A few key factors play a part in low inventory. The COVID-19 pandemic forced a lot of lifestyle changes and historically low interest rates had home buyers … is techradar legit