Buyers have options

Well, some options anyway. Like an active inventory over 1.1 million for the fifth straight week for the first time since November 2019. New listings increased by 109,000 properties as compared to 107,000 at the same time last year.

Median list prices and median p[rice per square inch both declined below last year’s levels.

Homes are spending the same amount of time on the market as a year ago.