All articles tagged with #inventory
Apple has reduced the price of its iPhone Air due to weak demand and rising inventory, signaling a strategic move to boost sales in the premium smartphone segment amid stiff competition and new iPhone lineups.
NAR reports April existing-home sales rose 0.2% month-over-month to a seasonally adjusted annual rate of 4.02 million, with inventory up 5.8% to 1.47 million (about 4.4 months’ supply). Sales were flat year-over-year, while the median price increased 0.9% to $417,700. The Housing Affordability Index stood at 110.6 and affordability improved across regions. Mortgage rates averaged 6.33% in April. Regional detail shows Midwest and South up, Northeast unchanged, and West down, with second-home purchases contributing to demand.
U.S. existing-home sales in April rose just 0.2% to 4.02 million (SAAR), missing forecasts and flat vs. a year ago. Inventory climbed 5.8% from March to a 4.4‑month supply but remains tight. The median home price was $417,700, up 0.9% year over year—the highest April price on record. Mortgage rates surged into about 6.4% this week after being in the high 5% range, weighing on buyers. Days on market rose to 32, and first-time buyers accounted for 33% of sales, with all-cash purchases at 25%.
Lucid paused its 2026 production guidance as new CEO Silvio Napoli audits the business, citing a mismatch between output and demand. In Q1, 5,500 cars were built but only 3,093 delivered, leaving roughly 2,400 in inventory and driving total inventory to about $1.47 billion. Revenue rose 20% year over year to $282.5 million but missed expectations of about $440 million, while net loss topped $1 billion and free cash burn ran about $1.44 billion. The Saudi PIF remains a funding lifeline through late 2027 as Lucid pursues cost discipline and a tighter investment plan.
Lucid Group said it will take steps to better align its production with customer demand and reduce an elevated EV inventory, with no plan to idle its Arizona plant and no firm recantation of prior guidance to produce 25,000–27,000 units. In Q1 2026, the company produced 5,500 vehicles but delivered 3,093, and it cited a supplier issue affecting Gravity deliveries, as it seeks to convert excess inventory into revenue through disciplined cost control and improved delivery cadence, following a quarterly results miss relative to expectations.
Apple said memory costs rose in the March quarter and will be significantly higher in the June quarter and beyond, driven by AI-server demand and global supply constraints. The impact is being offset by selling existing inventory, and Apple is evaluating a range of options as inventory runs down and costs continue to rise.
Painted Tree Boutiques abruptly closed all locations, leaving hundreds of vendors who had already paid rent with no refunds and thousands of dollars in unpaid earnings as they race to retrieve inventory by April 24; the company, which had a new owner since October, did not provide a public comment.
The article contends that Goolsbee misreads the oil forwards curve: backwardation signals tight near-term physical markets and the value of holding oil, not a forecast of lower prices in the coming months. It cites decades of evidence that futures curves poorly predict future spot prices, having signaled declines when prices rose in past cycles. While conditions could ease later this year, the curve alone does not justify assuming a long-run price drop.
March existing-home sales fell 3.6% month-over-month to a 3.98 million seasonally adjusted annual rate, with inventory up 3.0% to 1.36 million (about 4.1 months). Year-over-year sales were down 1.0% while the median price rose 1.4% to $408,800, the 33rd consecutive year-over-year price gain. Limited inventory continues to push prices higher and bolster homeowner wealth; NAR trimmed its 2026 forecast to a 4% increase in existing-home sales (new-home sales expected to be flat) as mortgage rates rise. Regional declines occurred in all four regions.
Kotaku’s spoiler-free guide for Crimson Desert compiles practical early-game tips: don’t spam attacks or sprint—hold attack for continuous hits and use a steady pace to conserve stamina; upgrade gear with a blacksmith early and visit all shopkeepers to expand your inventory with inexpensive bags; complete Sealed Artifact challenges to earn Abyss Cores and boost stamina for better exploring and sprinting; hold the looting button to grab nearby items quickly; use the magic sword (L1+R1) to reveal fast-travel points and light fires for cooking and healing; stock up on cooked meat and craft meals for tougher fights; ring bells in major towns to clear fog and reveal the map; watch the yellow Abyss Core bar on the mini‑map to unlock new skill nodes as you explore.
Spring buyers may find more homes and lower prices in some markets, but a jump in mortgage rates to about 6.53% is hurting affordability. Inventory is rising as homes sit longer and new listings lag, with regional variations in supply and price trends. Builders face higher costs and incentives to move homes amid ongoing uncertainty for 2026.
February existing-home sales rose 1.7% from January to a 4.09 million pace, but are down 1.4% from a year ago, as tight inventory persists (1.29 million for sale, 3.8-month supply). The median price was $398,000, up 0.3% YoY, and time on market rose to 47 days; first-time buyers were 34% of sales and investors 16%. Relisted delistings hit a January record, signaling only modest inventory gains but continued headwinds for affordability.
Redfin data show January relistings surged to the highest level in a decade, with about 45,000 homes that were delisted last year relisted in January (3.6% of on-market homes). Overall inventory rose 7.9% year over year in February but remains 17% below 2019 levels, with gains centered in the South and West and among homes under $500,000. After last year’s higher mortgage rates and uncertainty, the market now faces a question: will the dip in rates spur more buyers or more sellers during the spring market?
December 2025 pending-home-sales fell 9.3% from November and 3.0% year over year, with declines in all regions (Northeast -11.0% MoM, Midwest -14.9%, South -4.0%, West -13.3%); the South showed a YoY gain of 2.0% while other regions were down. Inventory remained tight at about 1.18 million homes—the lowest level of 2025—despite rising closing activity. NAR Chief Economist Lawrence Yun cautions that seasonality and scarce listings may have dampened demand in the short term, though several metro areas still posted notable YoY gains per Realtor.com Economics.
Pending home sales declined 9.3% in December from November, missing expectations as activity fell across all U.S. regions; year-over-year, sales were higher only in the South. Inventory stood at 1.18 million homes, down 9% from November and at 2025’s lowest level, while the 30-year mortgage hovered around 6.25%. Homes spent about 39 days on the market, up from 35 a year earlier, underscoring the demand weakness amid tight supply.