Nashville Demand Jumps as Active Listing Growth Slides

Originally published on Substack

And we’re off! Clear break from last year on Housing Demand for Nashville.

Similar start to the jump 2023 after prices were soft in 2022.

It’s important to remember that last year, the Trump inauguration impacted timing of ramp, but nonetheless the active listings are starting to shrink again too. I was expecting this, but early indications feel like this will be a tug of war between more sellers and more buyers this year.

Nashville Demand being up 5.7% may not feel like much especially because last year started so low, but when you look at the jump, it could be the start of Demand igniting. And it’s the largest YOY increase since September.

Yes we have a lot more Active Listings this year. However, the growth is losing steam and now dropping more than expected.

I expect this year to be a roller coaster and this is a wild development and something to keep an eye on.

Thanks for reading!