Intel is highlighting the most crucial data releases and events slated for each month of 2024 in an effort to help industry follow real estate's rebound this year.
Real estate tech platform and marketing agency MoxiWorks estimates home sales to top 385,000 sales in February and 483,000 in March, a 13 percent and 15 percent annual increase, respectively. Those figures would also represent a 2 percent increase in sales from January to February, and a 25 percent increase in sales from February to March.
The company predicts home sales using its Home Sales Predictor, which analyzes data from presentations created within the company’s presentation builder, MoxiPresent, and matches it against MLS sold listings data.
Credit: MoxiWorks
In January, the company predicted a 22 percent month-over-month decrease in sales between December and January (which still would have been a 30 percent year-over-year increase in sales). By the end of January, however, sales had actually declined 32 percent month over month, the greatest monthly decline since the start of the pandemic. Prior to that, the largest month-over-month drop in sales was between March an
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