According to national property broker Redfin, the share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July 2022 from a year earlier.
According to the Associated Builders and Contractors trade association's analysis of data published by the U.S. Census Bureau, national nonresidential construction spending was down by 0.5% in June 2022.
According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.
According to the latest data from ShowingTime, U.S. buyer competition for listings was slightly subdued in April 2022 as 103 markets across the country recorded double-digit showings per listing, compared to 146 in April 2021 and 121 in March of 2022.
According to the National Association of Home Builders, in a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April 2022, falling to their weakest pace in two years, as rising mortgage interest rates and worsening affordability conditions continue to take a toll on the housing market.
Posted on April 29, 2022
Posted on December 06, 2021