New Listings Coming on Market: Broad Longer-Term Trend National Market Dynamics since 2017, 12-Month Rolling Average
The 12-month-rolling average is a very broad view of trends. Each data point reflects the monthly average of the previous 12 months of new listings. This generally deletes the effects of seasonality, but will often lag short-term changes.
470,000
460,000
450,000
440,000
430,000
420,000
Pandemic hits ▲
Interest rates soar ▲▲
410,000
400,000
On a 12-month rolling basis, the average monthly number of new listings has dropped dramatically from recent years. This has significant ramifications for supply and demand, and price dynamics.
390,000
380,000
*Per Realtor.com Research: https://www.realtor.com/research/data/, residential listings posted on site. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers approximate.
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