U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new analysis from Redfin shows. While listings are rising, buyer activity remains muted, leaving many homes sitting unsold far longer than usual.
Source: Inman News
Record $700B worth of listings on market, but sales are sluggish
Published in average days on market, Chen Zhao, days on market, home prices, homebuying demand, homeselling, housing inventory, inventory, Listings, Markets & Economy, Matt Purdy, News Brief, Redfin, Redfin Premier, Redfin premier agent and Select
More from average days on marketMore posts in average days on market »
More from Chen ZhaoMore posts in Chen Zhao »
- Is the mortgage lock-in effect ending? These numbers offer clues
- Homeowners are cracking under the pressure of increased costs
- Mortgage rates hit 10-month low, spurring lower monthly payments
- South Florida luxury prices defy gravity while overall market dips
- The spring sizzle fizzles: Economic jitters chill buyer demand
More from days on marketMore posts in days on market »
- 10 compelling reasons that your buyers should purchase now
- Existing-home sales gain momentum in September amid falling mortgage rates
- Here are the markets where homebuyers have the upper hand
- Mortgage rates hit 10-month low, spurring lower monthly payments
- These 6 maps capture a real estate market in turmoil
More from home pricesMore posts in home prices »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Discounts, lower mortgage rates give homebuyers deals this fall
More from homebuying demandMore posts in homebuying demand »
More from homesellingMore posts in homeselling »
- 53% of US homes lost value from 2024 — but it’s not a crash
- NAR scores a victory in buyer commission lawsuit
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Sign, show and sell: The open house playbook that actually works
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
More from housing inventoryMore posts in housing inventory »
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Discounts, lower mortgage rates give homebuyers deals this fall
- 7 low-inventory market strategies every agent should adopt in Q4
- August existing-home sales may have been lowest in a decade
- Coldwell Banker exec says current market is a ‘growth window’
More from inventoryMore posts in inventory »
- 53% of US homes lost value from 2024 — but it’s not a crash
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- 10 compelling reasons that your buyers should purchase now
- Pending home sales remain stuck in the mud in September
- ‘Signs of deceleration’ bedevil US home prices
More from ListingsMore posts in Listings »
- The inventory surge is sputtering. See how your market stacks up
- 3 essential AI prompts to make real estate writing easier than ever
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Falling for 1st impressions: 9 ways to rake in curb appeal this fall
- Finish 2025 strong by checking these 10 to-dos off your list
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- Boomers may experience these brutal surprises when they move
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
More from Matt PurdyMore posts in Matt Purdy »
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
More from RedfinMore posts in Redfin »
- Realtors reject proposal to require disclosure of more referral fees
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
More from Redfin PremierMore posts in Redfin Premier »
- 15% of homebuyers ‘ghosted’ homesellers in September
- Despite market shift toward buyers, they’re still backing away
- The spring sizzle fizzles: Economic jitters chill buyer demand
- Concessions surge as homesellers offer sweeter deals in sour markets
- Homes are sitting longer and not just because of mortgage rates
More from Redfin premier agentMore posts in Redfin premier agent »
- Despite market shift toward buyers, they’re still backing away
- The spring sizzle fizzles: Economic jitters chill buyer demand
- Federal layoffs are fueling an inventory surge in nation’s capital
- Concessions surge as homesellers offer sweeter deals in sour markets
- Homes are sitting longer and not just because of mortgage rates
More from SelectMore posts in Select »
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- How to turn up the volume and amplify your brand with podcasting
- Fallout over Fed policymakers’ investments reshaping the board
- Realtors reject proposal to require disclosure of more referral fees
- Paraspot AI sees the future of property inspection: Tech Review
Be First to Comment