Altos Blog | National Data (6)

National Data

A few months ago I published a video where I asked “how much will home prices gain by the end of the year?” Using a headline like that should come with a trigger warning. We could see that...

National Data

It’s looking like we’ll end 2023 with a few percent more homes on the market than last year. Home prices will be up over last year. And we should also end the year with more homes in...

National Data

By now if you follow the housing data closely, you’ll know that inventory of unsold homes on the market is up over 2022. Inventory climbed well into November, and new listings each week are...

National Data

Inventory is still growing nationally the week before Thanksgiving. That’s very late in the season. Last week it looked like inventory had peaked for the year, which I announced in this...

National Data

New listings volume and the weekly sales volume are now running at a slightly better pace than the same week last year. Both have been below 2022 all year long. When we started the year,...

National Data

The big question on everyone’s mind is: when will home sales turn around? Are we on the cusp of a double-dip housing recession? Or are there signals that 2024 might see a recovery in the...

National Data

It’s the last week of October and available inventory of unsold homes in the US is still on the rise. This was the week last year when inventory finally peaked and started receding before...

National Data

If homebuyer demand is so weak, why aren’t home prices falling?By now everyone knows that homebuyers are holding back in hopes of improving affordability. There were only 55,000 single...

National Data

Available inventory of unsold homes on the market continues to climb at its fastest clip all year. The total count of unsold single family homes grew by 9,000 this week, which is very...

National Data

The same trends of the last few weeks are still dominant this week. Mortgage rates continue to climb. It’s not uncommon to hear rates quoted over 8% for a 30-year fixed mortgage....