Realtor.com reports that the number of real estate listings in June rose by 18.7 percent over a year ago, marking the second consecutive month that registered an increase. Nationwide, this amounts to 98,000 more homes for sale every day compared to 2021.
Of course, perspective is everything and three years ago in June 2019 there were more than double the number of homes that are currently for sale.
While sellers are looking to cash in while prices continue to rise, the increase in inventory should mean that buyers can be a bit more selective. in their choices.