"Sellers continued to increase their activity this October ... Total active listings increased to highs not seen since before the pandemic," says Realtor.com's senior economist Ralph McLaughlin in the report.
The housing market is finally giving buyers some breathing room. After two years of skyrocketing prices and shrinking inventory, the number of homes on the market just hit its highest level since 2019.
Homeowners nationwide are throwing up 'For Sale' signs in droves, especially in former pandemic hot spots like Austin, Memphis and Orlando.
Despite this rush of new inventory, home prices have stayed firm, with the national median price sticking at $424,950 - no change from last October.
Collection
[
|
...
]