Institutional home listings double in 5 months, Danielle DiMartino Booth notes

Institutional home listings double in 5 months, Danielle DiMartino Booth notes
Institutional sellers double home listings

Danielle DiMartino Booth, CEO / Founder at Quill Intelligence, points to a sharp increase in homes listed by institutional sellers, noting that the number has doubled over the last 5 months.

She argues that this rise in supply could help bring home prices down despite current mortgage rates, and characterizes it as positive news for the housing market.

DiMartino Booth has previously cautioned that most unemployed people in the U.S. are not captured in official jobless claims data, urging skepticism regarding headline employment figures in a recent analysis. She has also discussed the increasing financial strain on the bottom 90 percent of U.S. consumers despite signs of overall economic resilience, as detailed in another report. These views provide additional context to her latest comments on the U.S. housing market.

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