RE/MAX NATIONAL HOUSING REPORT FOR JANUARY 2025
1. New listings rose 53.7% in January, signaling increased supply. 2. Median sales price dropped month-to-month, indicating potential market cooling.
FAQ
Why Bearish?
Increased listings combined with declining prices can negatively affect RMAX's market position, as seen in past housing downturns where oversupply led to price reductions.
How important is it?
The trends in listings and prices directly impact real estate dynamics, crucial for RMAX’s performance and market share.
Why Short Term?
The immediate rise in inventory and price drop suggests potential volatility in home sales affecting RMAX's performance in the near term, akin to prior market fluctuations.