US Housing Market Sees Strong Supply, But Is It a Good Sign?

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Housing Market,Supply,Inventory

The US housing market is experiencing a surge in supply, with active listings up 12% year-over-year. However, homes are staying on the market longer, and a significant portion have been listed for at least 60 days. This suggests a potential imbalance in the market, with high inventory but concerns about the quality and appeal of available properties.

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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