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Calculated Risk

A top ranked economics and finance blog with a focus on the housing market

Calculated Risk: Realtor.com Reports Weekly Active Inventory Down 5% YoY; New Listings Down 8.5% YoY

A top ranked economics and finance blog with a focus on the housing market

US mortgage rates see first drop in six weeks, falling to 7.18%

While inventory continues to be in short supply, the uptick is “hopefully signaling a return in seller activity heading toward the fall season, which typically is the best time to buy a home.”

Housing Market Inventory Crunch Deepens As Listings Drop for 4th Month

While the total number of homes for sale has been rising steadily on a monthly basis, listings in August were down 9.2% from a year ago.

US Mortgage Rates See First Drop in Six Weeks, Falling to 7.18%