States with the most-and least-housing market inventory heading into the core spring selling season

"Monitoring active listings and months of supply is crucial for assessing home price momentum. An increase in active listings may signal pricing weakness, while a decrease suggests a heating market."

"Since the Pandemic Housing Boom ended in 2022, the market has shifted from sellers to buyers, with variations across the country. Areas with higher active inventory have seen softer price growth."

"National active listings have increased year-over-year, indicating a shift towards balanced and buyers markets, although still below pre-pandemic levels."

Active listings and months of supply are key indicators of home price momentum. An increase in active listings may signal pricing weakness, while a decrease suggests a heating market. Since the Pandemic Housing Boom ended in 2022, the market has shifted from sellers to buyers, with variations across the country. Areas with higher active inventory have seen softer price growth, while those with lower inventory have experienced more resilient growth. National active listings have increased year-over-year, indicating a shift towards balanced and buyers markets, although still below pre-pandemic levels.

Read at Fast Company