Home buying activity remained sluggish in September despite a mid-month half-percentage point interest rate cut and more homes being available. According to the September report from the Denver Metro Association of Realtors, the months of available inventory crossed the three-month mark for the first time since the pandemic. For comparison, in June 2023, the metro had 1.25 months of inventory. The number of active listings, at 11,115, is up 4% from August’s 10,724 and 46% from September 2023’s 7,629. The average number of active listings for September 1985-2021 was 15,253, while the record high was 31,450 listings in 2006, and the record low was 3,971 in 2021.

BING NEWS:
  • Inflation slows in September
    Shelter costs, the main driver of inflation since early 2023, saw their annual growth rate fall below 5% for the first time since February 2022.
    10/11/2024 - 7:02 am | View Link
  • Housing Is Up 4.9%, According to the September CPI. Here's How to Fit It Into Your Budget
    Housing is up again, but you don't have to pay more. Here are some tips for getting your housing costs down and keeping them there.
    10/11/2024 - 1:45 am | View Link
  • Inflation is trending down. Try telling that to the housing market.
    Inflation overall is trending lower, but the housing market is a notable exception. Among all the expenses that make up the consumer price index, shelter costs were among the biggest gainers in ...
    10/10/2024 - 4:56 am | View Link
  • Houston’s housing market holds steady in September after August slowdown
    After a slowdown in August, the Houston area’s housing market mostly stabilized in September, the Houston Association of Realtors reported Oct. 9.
    10/9/2024 - 10:17 am | View Link
  • Housing market experiences little change following fed rate cut
    The federal reserve rate cut has caused little change to the housing market, experts said. “What’s interesting is that most people expect when the federal reserve cuts rates, that mortgage rates will ...
    10/7/2024 - 11:13 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News