Realtor.com June 2024 Housing Market Update

"What a wild housing market we have as some new alarming trends are emerging in the U.S. housing market. For example, there’s 410k fewer homes for sale this May compared to the average May in 2017 through 2019 (down 34% but this is better than the 38% gap this March). However, housing inventory (i.e. the number of existing homes for sale) is up by double digits from a year ago and has reached it’s highest May level in the past 3 years.

In today’s video, I share a housing market update from Realtor.com which covers the month of May 2024 (link below).

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