The U.S. housing market has strong supply — but that's not necessarily a good sign.>Sign up for NBC Philadelphia's News Headlines newsletter.gained 1%. Still, it's not looking good for the traditional"Santa Claus rally" — in which stocks usually advance in the five final days of a calendar year and the first two trading days of January — since the averages suffered into the 2024 year-end.
There's a lot of inventory, but it doesn't feel like enough."is facing stiff competition from Huawei in China. Shipments of Apple smartphones fell 6% year over year in China during the third quarter, according to Canalys, while shipments of Huawei devices jumped 24% year over year. In response, Apple isin the all-important market around the upcoming Chinese New Year — as much as 500 Chinese yuan off its top-line phones.
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US Housing Market Sees Surge in Inventory, Echoing 2008 BubbleThe US housing market is experiencing a significant increase in inventory, with the number of vacant homes nearing levels last seen during the 2008 housing bubble. Real estate analyst Nick Gerli attributes this surge to builders flooding the market with new, speculative homes. While this increase in supply is generally positive, it remains to be seen whether it will be balanced by rising buyer demand.
La source: Newsweek - 🏆 468. / 52 Lire la suite »
Housing Market Sees Surge in Listings, But Inventory Remains StaleA new report from Redfin reveals a significant increase in active home listings in November, reaching the highest level since 2020. However, a concerning trend emerges as over half of these listings have languished on the market for at least 60 days without a sale. While this signifies a potential boost in supply, the majority of the available inventory appears to be stale, raising concerns about affordability and market dynamics.
La source: NBCPhiladelphia - 🏆 569. / 51 Lire la suite »
Housing Market Sees Surge in Listings, But Many Homes Sit Unsold for Extended PeriodsDespite a significant increase in active listings, a large portion of homes remain unsold for extended durations, indicating a potential imbalance in the current housing market.
La source: NBCDFW - 🏆 288. / 63 Lire la suite »
Housing Market Sees Surge in Listings, But Many Homes Remain UnsoldThe housing market is experiencing a rise in inventory, reaching its highest level since 2020. However, a significant portion of these listings have lingered on the market for extended periods, indicating a potential imbalance.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Housing Market Sees Surge in Inventory, but Stale Listings Remain a ChallengeThe US housing market is experiencing a boost in inventory, reaching its highest level since 2020. However, a significant portion of these listings are considered 'stale,' languishing on the market for extended periods. High mortgage rates and rising home prices continue to impact the market.
La source: NBCNewsHealth - 🏆 707. / 51 Lire la suite »
Housing Market Forecast: South to See Strong Growth in 2025The National Association of Realtors (NAR) predicts a strong housing market in 2025, with four out of ten 'hot spots' located in the South. Greenville and Anderson, South Carolina emerge as a standout area due to favorable factors such as affordable inventory, low mortgage rates, and strong job growth.
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »