{"id":8211,"date":"2023-12-13T11:30:00","date_gmt":"2023-12-13T11:30:00","guid":{"rendered":"https:\/\/thezakariagroup.com\/the-surprising-trend-in-the-number-of-homes-coming-onto-the-market\/"},"modified":"2023-12-13T11:30:00","modified_gmt":"2023-12-13T11:30:00","slug":"the-surprising-trend-in-the-number-of-homes-coming-onto-the-market","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/the-surprising-trend-in-the-number-of-homes-coming-onto-the-market\/","title":{"rendered":"The Surprising Trend in the Number of Homes Coming onto the Market"},"content":{"rendered":"
\"The<\/p>\n

If you’re thinking about moving<\/a>, it’s important to know what’s happening in the housing market<\/a>. Here’s an update on the supply of homes currently for sale. Whether you’re buying<\/a> or selling<\/a>, the number of homes in your area is something you should pay attention to.<\/p>\n

In the housing market, there are regular patterns that happen every year, called seasonality<\/a>. Spring is the peak homebuying season and also when the most homes are typically listed for sale (homes coming onto the market are known in the industry as new listings). In the second half of each year, the number of new listings typically decreases as the pace of sales slows down.<\/p>\n

The graph below uses data<\/a> from Realtor.com<\/em> to provide a visual of this seasonality. It shows how this year (the black line) is breaking from the norm (see graph below<\/em>):<\/p>\n

<\/a><\/p>\n

Looking at this graph, three things become clear:<\/p>\n