Home prices, while at a record high for this time of year, are growing at the slowest clip since 2023 because sellers outnumber buyers.| Redfin Real Estate News
The U.S. housing market has tilted in favor of buyers for the first time this decade, with 3.7 months of for-sale supply sitting on the market in January. That's the most since February 2019 and up from 3.3 months a year ago. It’s worth noting that the picture looks different across different areas of the country, with buyers favored across Sun Belt metros, while sellers generally have more power in the Northeast and Midwest.| Redfin Real Estate News
At no other point on record have sellers outnumbered buyers this much. Home prices will likely fall as a result.| Redfin Real Estate News