As a result, potential home sellers could additionally be much less incentivized to give up their ultra-low mortgage price for the next one on another house, prompting them to stay put of their existing homes. The finest housing story in 2024 is that inventory is rising — each active inventory and new listings. With mortgage ratesat the current ranges, inventory continues to be under my expectations, but it’s nonetheless such a optimistic story that I needed to focus on it onCNBClast week. As we head into April, let’s see where we’re at on the Inventory side as are officially into spring. It’s the seventh straight week of declines for mortgage rates and the primary time they’ve dipped beneath 7% since August.
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In Q1 2024, institutional real estate funding dropped by 55% to USD 552 million. Bengaluru and NCR …