TSXV:UI - Post Discussion
Post by
laurencelefou on Jul 01, 2021 2:44pm
New US listings showed signs of a comeback in June 2021
New US listings showed signs of a comeback in June 2021. The number of homes for sale remained drastically lower than normal with a 43.1% decline over last year, however June 2021 marks a significant improvement over last month's 50.9% decline over June 2020.
According to the Realtor.com® data, June new listings increased 5.5% year-over-year and 10.9% over last month. Among the largest U.S. metros, the 10 markets with the highest new listings increases posted gains of 20% or more year-over-year.
U.S. inventory was down 43.1% year-over-year last month, representing 415,000 fewer homes for sale on a typical day in June compared to the same time last year.
The typical home spent 37 days on the market in June, 35 days faster than last year and 21 days faster than the average time on market from 2017, 2018 and 2019, a more normal market.
https://www.prnewswire.com/news-releases/realtorcom-housing-report-new-listings-stage-a-comeback-in-june-as-home-prices-hit-a-new-high-301323769.html
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