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Housing's Slowest Summer in a Decade

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Manage episode 501004371 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

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1783 episodes

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Housing's Slowest Summer in a Decade

BiggerPockets Daily

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Manage episode 501004371 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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

  continue reading

1783 episodes

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