News
U.S. Housing Market Anticipates Transition Amid Rising Inventory
2025-06-09 11:00
The U.S. real estate market is transitioning towards a buyer's market, according to industry experts. Home listing prices have reached an all-time high, with the total value of U.S. homes increasing by 20.3% year-over-year to $698 billion, as reported by Redfin. This shift is driven by growing inventory, slowing demand, and rising home-sale prices. With more sellers than buyers, homes are staying on the market longer, prompting the need for price reductions. Redfin’s chief economist, Daryl Fairweather, notes that high mortgage rates, insurance costs, and property taxes deter buyers. Meanwhile, increased inventory offers better rental options and negotiation opportunities for buyers. Sellers must adapt by pricing realistically and strategically targeting buyers, while those who adjust will still secure reasonable values for their homes.