Part 1: Current State of the Housing Market; Overview for mid-December

In this 2-part overview of the housing market for mid-December, I’ll discuss new and existing home inventory and sales, house prices, mortgage rates, rents and more.

Year-over-year Decline in New Listings

Here is a graph of new listing from Realtor.com’s November 2023 Monthly Housing Market Trends Report showing new listings were up 7.5% year-over-year in…