Summary
The number of homes for sale in the U.S. increased over the past year, giving buyers more options. This rise in home inventory is particularly noticeable in Western, Southern, and some Metropolitan areas, which has impacted home prices.
Key Facts
- U.S. home inventory rose in all regions over the last year.
- The West saw a 14.4% increase, the South 12.3%, the Midwest 11.1%, and the Northeast 7.5%.
- This inventory increase is linked to affordability issues and decreasing demand.
- Home prices fell in areas with the most inventory, like Florida and Texas.
- National home price growth slowed considerably but did not stop entirely.
- Experts predict inflation will outpace home price growth again in 2026.
- Washington, D.C. experienced the highest rise in inventory at 32.8%.
- Other cities with significant inventory increases include Charlotte, Las Vegas, Seattle, and Raleigh.
