Found 2 blog entries tagged as market share.

HOUSINGWIRE reports, "2023 was a consequential year for real estate. The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. According to Altos Research, 2023 inventory bottomed in April at 406,206 active listings. 

Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth. HousingWire reports that housing inventory is on pace to grow 40% in 2024, bringing the market slightly closer to a healthy equilibrium. 

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the…

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Robert Reffkin (Compass, Getty)

TheRealDeal writes, "Compass shares climbed to a nearly three-month high Friday after an earnings report revealed mounting losses but gains in market share and progress in its cost-cutting efforts.

The run-up began Thursday, before earnings were released at the market close. The share price gained 32 percent that day, then another 73 percent in the first hour of trading Friday before retreating a bit.

The brokerage’s stock was hovering around $3.50 at midday, up nearly 50 percent since markets opened Friday morning and 90 percent from Wednesday afternoon, when it fell to an all-time low of $1.85.

The iShares U.S. Real Estate ETF, an index that tracks the broader real estate sector, stood at $88.04 per share, up 7.2 percent from Wednesday…

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