The image used with this post is a bit over optimistic. Yes, active listings have grown, and even new listings are up, but not by the amount suggest by the images up arrow.
And, yes, December existing-home sales rose for the third consecutive month but, all-in-all, 2024 might have seen the lowest annual total of sales in close to 30 years, once the final tabulations are in.
While mortgage rates have dipped 7% (6.96% to be exact), it’s still far to early to get an accurate read on where 2025 will be taking the housing market.