Median listing price ↓~2% yearly for the 17th straight week, while fewer reductions show sellers pricing more realistically upfront from the start.
New listings totaled below 120K yet still ran ↑~2% yearly, showing some cautious sellers are reengaging as mortgage rates hold at their current spring low.
Active inventory ran ↑~2% yearly, with year-to-date supply ↑~6%, even as the pace shifted from ~10% at the year's start, staying measured.
Homes spent one extra day on market versus yearly benchmarks, and the narrowing gap suggests buyers are steadily absorbing available supply today.
Asking prices ↓ or held flat for 29 straight weeks; upfront pricing may help buyers find more attractive options as supply builds.
US Buyers See More Price Opportunity
