real estate market: Real Estate Market Update: Active Listings Up!
- 12/05/22 02:42 PM
Lawrence Yun, chief economist, National Association of Realtors spoke to the Santa Fe Association of Realtors on December 1, 2022 about the national market.. The Active Listing Count update was a feature of his presentation. In October 2022, there were 753,845 active listings with a year over year (Y/Y) increase by 33.5%. Compare this to what happened with the jump of the October 2022 30 year fixed mortgage rate to 7%.
Inventory is still substantially LOW compared to October in 2017, 2018 and 2019 when it ranged between 1.2mn to 1.3mn. What does this mean for Buyer and Seller mindset? Clearly a … (7 comments)
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Lawrence Yun, chief economist, National Association of Realtors spoke to the Santa Fe Association of Realtors on December 1, 2022 about the national market.. The Active Listing Count update was a feature of his presentation. In October 2022, there were 753,845 active listings with a year over year (Y/Y) increase by 33.5%. Compare this to what happened with the jump of the October 2022 30 year fixed mortgage rate to 7%. 
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