Tag: housing inventory

Home Listings Rise in June While Prices Begin to Drop, Demand Reaching ‘Breaking Point’

The U.S. housing market seems to be cooling off as the tight inventory situation shows signs of reversal, according to data from real estate listings website Realtor. In June, the number of real estate listings increased by 18.7 percent compared to the same time in 2021, according to a June 30 news release by the…


Home Ownership Turning Into Pipe Dream for Many Americans

A combination of a shortage in homes for sale and rising prices is turning home ownership into an unattainable dream for many Americans, according to a report by the National Association of Realtors (NAR). Home prices have risen by almost 30 percent since 2019, making the typical house roughly $80,000 more expensive than prior to…