Homeowners list while buyers hang back, pushing inventory higher [Yahoo! Finance]
Premier, Inc. - Class A (PINC)
Last premier, inc. - class a earnings: 2/4 07:00 am
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Source: Yahoo! Finance
Inventory is accumulating, rising 22% over last year and reducing the pandemic-era deficit. Home value appreciation slowed in May, and forecast points to prices easing over the next year. SEATTLE June 12, 2024 /PRNewswire/ -- Home sellers are returning to the market, but they're finding buyers hesitating, according to the latest Zillow® market report New listings of houses outpaced sales in May, allowing buyer competition and price growth to cool — and further price relief is in the forecast. "Rate lock's hold seems to be loosening — homeowners who may have put off listing their homes are done waiting. But just as more choices sprang up for sale, buyers turned on cruise control," said Orphe Divounguy, Zillow senior economist. "Inflation has hit younger households hardest, and stubbornly high rates have pushed a mortgage out of reach for many first-time buyers. That has cooled competition for houses. If these trends hold, we're likely to see price growth flatten or tick down ove
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News
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PINC
Earnings
- 5/7/24 - Beat
PINC
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 144
- 5/29/24 - Form 4
- PINC's page on the SEC website