Remove 2023 11 30 pending-home-sales-drop-to-lowest-level-on-record
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Housing Market Tracker: Inventory is negative YOY

Housing Wire

Housing inventory finally broke under 2022 levels last week. In March of 2022 we had the lowest inventory levels ever recorded in history. As you can see in the chart below, 2023 inventory growth is very slow compared to 2022. However, I need to put some context into what happened in 2022.

Marketing 447
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2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates

Redfin

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. It started with a continuation of negative trends from the end of 2022 and turned into the least affordable year for home buying on record.

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Zillow’s April Report Shows a Strong Seller’s Market with Rising Demand and Low Inventory

Broke Agent Media

BAM Key Details: Zillow’s April 2023 Housing Market Report shows a market strongly in favor of sellers as rising demand meets low inventory. housing market is firmly in sellers’ market territory, thanks to the combined effect of rising demand and scarce inventory driving up home values. combined with home price appreciation of 1.5%

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Home Prices Inched Up in February, as Some Home Shoppers Braved the Gauntlet of Low Inventory and High Mortgage Rates (February 2023 Market Report)

Zillow Market Reports

home value climbed slightly from January to February (0.1%). Home values are 4.4% fewer new for-sale listings entering the market compared to last February, and 31.4% Newly pending sales were down 19.1% Home values turned a corner nationally, but prices are still falling in some markets Home values climbed 0.1%

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New Hampshire Housing Market Forecast 2022 & 2023

Marco Santarelli

The recent increases appear to be tamping down demand somewhat, as they have impacted the affordability of purchasing a home. New Hampshire's rental vacancy rate hovers around 1% and the availability of homes for sale is currently less than one month. Prices for homes in New Hampshire are also at record levels.