Top of Mind Has seller growth lost momentum? (2/10/25 Market Update)
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Feb 11, 2025 Explore the intriguing stagnation of seller activity in the U.S. housing market. The rise in price reductions raises questions about the future of home prices. Get insights into the implications of these trends and why staying informed on local dynamics is crucial. The discussion blends data analysis with market predictions, offering a unique perspective on what lies ahead for both buyers and sellers.
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Seller Growth Slowdown
- The number of home sellers was growing in 2024, suggesting market normalization.
- However, recent weeks show only 1-2% more sellers, sometimes even fewer, indicating potential stagnation.
Inventory Growth Cap
- Fewer sellers each week imply a limit on inventory growth in 2025.
- This is contrary to the expectation of inventory surge, suggesting a potential market stagnation.
Inventory Decline
- Inventory fell for two weeks, contrary to January's rising trend, potentially due to discouraged sellers.
- While inventory is expected to grow in March, current levels are below earlier projections.