In a show of optimism for the housing market, both inventory and active home listings grew in January
Feb. 18, 2025
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Home inventory grew in the first month of the year.
Housing inventory is continuing to improve, with recent data from the CalculatedRisk blog showing a 24.6% year-over-year increase as of July 2024. However, inventory is still down by 24.8% compared with inventory levels seen in 2017 to 2019. When looking at inventory for active home listings, there was also some improvement this January. Active inventory grew by 27.5% year-over-year. For the 66th consecutive week, the number of homes for sale has increased compared with the same time last year.
Fresh inventory increased year over year for the fifth week in a row, as sellers trickled back into the market. We project home sales to increase in 2025 compared with 2024, which notched the lowest existing-home sales since 1996. Read more