The mortgage industry continues to face challenges as new listings data remains at historically low levels, hindering potential growth opportunities. In order to see any progress from the record low levels of 2023, there needs to be a significant increase in new listings data across the market.

Key points:
– New listings data in 2023 hit an all-time low, posing challenges for industry growth
– More growth is needed in new listings data to stimulate market activity
– Historical perspective highlights the severity of the current situation in the industry

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