September saw a 17% increase in the number of actively listed homes nationwide over the same time in 2024. This is the 23rd consecutive month of increases, however the pace has slowed over the last four months.
Housing inventory is growing the fastest in the West (21.1%) followed the South (17.9%), the Midwest (13.2%), and the Northeast (10.1%). The West and South are currently above pre-pandemic rates.
While inventory is up, pending sales (Listings under contract) remained flat.