Sentences with phrase «inventory numbers rise»

Not exact matches

The number of new developments is expected to continue to rise this year and next, which will add to inventory, Miller said.

If that is the case, investment will not rise, except temporarily in the form of unwanted investment as inventory rises (lower consumption leaves goods unsold, which makes it seem at first as if point number 4 above is occurring).

The rise in new listings is likely due to a number of factors, he added, including the fact that inventory was at a record low last year and that soaring prices may have motivated some homeowners to put their properties up for sale.

I think that you would agree with this statement... Even with the inventory shortage and rising mortgage rates there will always be people who are going to buy a home, now the numbers may be less but there will still be buyers.

Inventory is tight and home values are rising, and it's easy to assume that the main culprit for shrinking inventory is a shrinking number of homes being listed Inventory is tight and home values are rising, and it's easy to assume that the main culprit for shrinking inventory is a shrinking number of homes being listed inventory is a shrinking number of homes being listed for sale.

Also helping to lower shadow inventories is the rise in home prices, lower unemployment rates, the higher number of loan modifications, and tightening of underwriting standards that has led to an improvement in mortgage credit quality, economists note.

These numbers are expected to rise as inventory decreases and demand continues to rise.

«Rising inventory bodes well for slower price growth and greater affordability, but the amount of homes for sale is still modestly below a balanced market,» Lawrence Yun, NAR's chief economist, said in a statement releasing May's existing - home sales numbers.

Although inventory remains historically low, the number of homes on the market rose 6.8 % during April (after adjusting for seasonality).

We expect sales numbers to be down in 2016 with a slight bit of rising inventory.

The average number of days on market until sale plummeted from 197 in January 2017 to 67 last month, a 66 percent decrease, while the months» supply of inventory rose slightly from 2.6 to 3.2, a 23.1 % increase.

And even in those large markets where inventory has risen over the past year, the number of homes for sale remains well below recent highs.

While rising rents and lack of inventory might nudge renters into buying a home, National Association of Realtors ® Chief Economist Lawrence Yun points out that tight credit standards, student debt, and the growth of multigenerational households are contributing to the lowest number of first - time home buyers in decades (as shown in the 2014 NAR Profile of Home Buyers and Sellers).

In Seattle, a city with notoriously low inventory, 5.7 percent of the metropolitan area's adults were ages 25 — 34 with a four - year degree in 2000, and that number rose to 6.1 in 2012, according to City Laboratory.

While the number of homes for sale should rise with the onset of the spring selling season, housing inventory is expected to remain low, pushing prices higher.