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Articles Recently Tagged: Inventory

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New Home Sales Up and Down, Inventory Climbs

New Home Sales Up and Down, Inventory Climbs

Having dropped a downwardly revised 8.4 percent in October, the seasonally adjusted pace of new single-family home sales in the U.S. increased 12.4 percent in November to an annualized rate of 744,000 transactions, which was 14.0 percent lower than at the same time last year and 25.1 percent lower... Read More »

Pace of Existing Home Sales Ticks Up, Down Year-Over-Year

Pace of Existing Home Sales Ticks Up, Down Year-Over-Year

Having inched up 0.8 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 6.46 million sales, which was 2.0 percent lower than at the same time last year and the fourth straight month with... Read More »

Inventory, Sales and Price Per Square Foot Drops

With typical seasonality in play, the net number of homes on the market in San Francisco dropped another 18 percent over the past week to 600, representing 45 percent fewer homes on the market than at the same time last year but 50 percent more than there were prior... Read More »

Purchase Activity for New Homes in the U.S. Slips

Despite the fact the number of new homes on the market across the country hit a 13-year high in October, and inventory levels were 37 percent higher than at the same time last year, mortgage application activity to purchase said homes slipped 3 percent last month and was down... Read More »

Asking Rents in Oakland Inch Up

Asking Rents in Oakland Inch Up

Having held at around $2,400 over the past three months, the weighted average asking rent for an apartment in Oakland has inched up a (1) percent over the past few weeks to $2,425 a month, which is around 7 percent higher than at the same time last year. That... Read More »

Pace of Home Sales in S.F. Drops, Down Over 20 Percent YOY

The number of homes on the market in San Francisco dropped 11 percent over the past week to 730, which is 42 percent lower than at the same time last year and shouldn’t have caught any plugged-in readers by surprise. At the same time, the net number of single-family... Read More »

Pace of Home Sales and Inventory Levels Tick Down in S.F.

The number of homes on the market in San Francisco ticked down another 3 percent over the past week to 820, which is 42 percent lower than at the same time last year and shouldn’t have caught any plugged-in readers by surprise. At the same time, the net number... Read More »

Rents in S.F. Tick Down Another Percent, But…

Rents in S.F. Tick Down Another Percent, But…

The weighted average asking rent for an apartment in San Francisco ticked down another percent over the past month to $3,325. But as we noted last month, asking rents in San Francisco typically tick down in the fourth quarter with a seasonal slowdown in the market. And in fact,... Read More »

Listed Inventory Down Over 40 Percent in San Francisco, But…

Driven by a seasonal drop in new listing activity, the net number of homes on the market in San Francisco dropped another 9 percent over the past week to 850, representing 44 percent less listed inventory than at the same time last year, which shouldn’t have caught any plugged-in... Read More »

New Home Inventory Hits a 13-Year High, Sales Down YOY

New Home Inventory Hits a 13-Year High, Sales Down YOY

Having jumped a downwardly revised 7.1 percent in September, the seasonally adjusted pace of new single-family home sales in the U.S. inched up 0.4 percent last month to an annualized rate of 745,000 homes but was down 23.1 percent on a year-over-year basis and 25 percent lower than at... Read More »