New Home Listings Post Big Increase As Home Supply Rises -- Market Talk

Dow Jones

Feb 06, 2025

1048 ET - New listings U.S. home for sale surged 7.9% year-over-year for the period ending Feb. 2, marking the largest increase since the end of last year, according to Redfin. But, despite a slight uptick in pending sales from the previous month, they're still down 8.1% annually. This has led to a 5-month supply of homes on the market, up from 4.4 months a year earlier, the most in six years. Homes are now selling for 2% below their list price, the biggest discount in nearly two years. However, buyer hesitation persists due to near-record high home prices and mortgage rates, with median monthly payments at $2,784, just $21 below the peak. Additionally, cold weather and economic policy uncertainty are deterring potential buyers. (chris.wack@wsj.com)

(END) Dow Jones Newswires

February 06, 2025 10:49 ET (15:49 GMT)

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But, despite a slight uptick in pending sales from the previous month, they're still down 8.1% annually. This has led to a 5-month supply of homes on the market, up from 4.4 months a year earlier, the most in six years. Homes are now selling for 2% below their list price, the biggest discount in nearly two years. However, buyer hesitation persists due to near-record high home prices and mortgage rates, with median monthly payments at $2,784, just $21 below the peak. Additionally, cold weather and economic policy uncertainty are deterring potential buyers. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 10:49 ET (15:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RDFN","symbol_name":"Redfin Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509588203","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509588203","pubTimestamp":1738856940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1048 ET - New listings U.S. home for sale surged 7.9% year-over-year for the period ending Feb. 2, marking the largest increase since the end of last year, according to Redfin. 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"},"translate_title":"随着房屋供应增加，新房挂牌量大幅增加——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWHM":1,"RDFN":0.9,"POST":1,"CFA.SI":1},"content_text":"1048 ET - New listings U.S. home for sale surged 7.9% year-over-year for the period ending Feb. 2, marking the largest increase since the end of last year, according to Redfin. But, despite a slight uptick in pending sales from the previous month, they're still down 8.1% annually. This has led to a 5-month supply of homes on the market, up from 4.4 months a year earlier, the most in six years. Homes are now selling for 2% below their list price, the biggest discount in nearly two years. However, buyer hesitation persists due to near-record high home prices and mortgage rates, with median monthly payments at $2,784, just $21 below the peak. Additionally, cold weather and economic policy uncertainty are deterring potential buyers. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 06, 2025 10:49 ET (15:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}