Go offline with the Player FM app!
Housing's Slowest Summer in a Decade
Manage episode 501004371 series 2813754
The July housing market slowed to its weakest pace in years, with homes taking a median of 43 days to go under contract—the longest July stretch since 2015. Pending sales dropped to a two-year low, while sellers pulled back, leading to fewer new listings and shrinking supply. Prices still ticked higher, up 1.4% year over year, even as competition cooled and cancellations rose to record July levels. We’ll break down the national picture, plus metro-level data showing where homes are sitting longest, where prices are rising fastest, and what shifting supply means for buyers and sellers heading into late summer.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1783 episodes
Manage episode 501004371 series 2813754
The July housing market slowed to its weakest pace in years, with homes taking a median of 43 days to go under contract—the longest July stretch since 2015. Pending sales dropped to a two-year low, while sellers pulled back, leading to fewer new listings and shrinking supply. Prices still ticked higher, up 1.4% year over year, even as competition cooled and cancellations rose to record July levels. We’ll break down the national picture, plus metro-level data showing where homes are sitting longest, where prices are rising fastest, and what shifting supply means for buyers and sellers heading into late summer.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1783 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.