Sales down and inventory up amid slowing price growth

Real estate activity has cooled across the United States after a series of significant rate hikes by the Federal Reserve designed to slow borrowing in an effort to combat rising inflation. For residential real estate, that’s meant higher mortgage rates and monthly payments, which can push homeownership further out of reach for … See more

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Is Inventory Growth Finally Slowing? - Altos Research

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Aug 19, 2024 · So the sales prices will also be around the same levels, when those sales close later in the year. It is notable that the price of the homes in contract is still 3-5% above last …

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Sales Down And Inventory Up Amid Slowing Price Growth

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The Median Sales Price rose 4.1 percent to $354,000; Days on Market rose 33.3 percent to 40 days, on average (median of 24 days, up 50.0 percent) Changes in Sales activity varied by …

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Nordstrom Q3 Sales Grow, But Analysts Remain Cautious On Stock …

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Nov 27, 2024 · Nordstrom, Inc. (NYSE:JWN) shares are trading lower on Wednesday. For the third quarter, the company’s net sales increased 4.6% compared to the same period in fiscal …

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FAQs about Sales down and inventory up amid slowing price growth Coupon?

Will inventory accumulation slow down in 2022?

With sales growth slowing and interest rates rising further, we expect a sharp slowdown in inventory accumulation. Our base case is that inventory accumulation swings from a positive for GDP growth in 2022 to a negative in 2023, helping to drag the overall economy into recession. ...

Why is the inventory ratio rising?

The rise in the inventory ratio is the fastest and most sustained since late 2018 and early 2019, when rising trade tensions between the United States and China caused the economy to slow abruptly. In recent months, the glut of inventories has been particularly pronounced at the wholesale and retail levels. ...

Why is retail sales growth decelerating in the US?

Retail sales growth in the US has been gradually decelerating since the fourth quarter of 2022 as consumers battle high levels of inflation, reduced savings rates and rising interest rates. In our newly published report, 2023 Retail Competition Tracker, US, we examine offline and online sales growth at 65 leading US retailers. ...

Will inventory accumulation affect GDP growth in 2022 & 2023?

Our base case is that inventory accumulation swings from a positive for GDP growth in 2022 to a negative in 2023, helping to drag the overall economy into recession. The upside risk to that view is if firms continue to build inventories over coming years as a buffer against supply disruptions. ...

What happened to retail inventories in July 2022?

Retail inventories increased to 1.23 months in July 2022 up from a record low of 1.09 months in October 2021. Recent reports from major retailers such as Nike suggest over-stocking worsened in August and September, forcing an increase in discounting to clear unwanted products. ...

Are inventory stocking and destocking cycles causing economic instability?

Inventory stocking and destocking cycles have always been a major source of short-term instability in the industrial economy (“Business cycles”, Zarnowitz, 1992). Efforts to reduce excess inventories are likely to weigh on manufacturing activity and the rest of the economy over the next six months based on previous cycles. ...