The number of available homes on the market dropped for the first time in 9 weeks (5,267 this week compared to 5,314 last week).
|
April 24-30 |
Prev 4 Week Avg |
% Change |
New Listings |
743 |
593 |
25.35% |
New Pending Sales |
603 |
418 |
44.26% |
New Sales |
411 |
438 |
-6.22% |
Active Inventory |
5267 |
5247 |
-0.38% |
30 Year Fixed Mortgage |
3.23% |
3.33% |
-2.86% |
*Source – SDAR and FRED Economic Data
New pending sales rocketed up to 603 last week. That’s 3 weeks in a row of climbing buyer activity and almost double the low of 359 from the week ending April 9th.