Current US housing data shows cautious activity: inventory is building, buyers are absorbing supply, and homes are selling close to past-year pace.
Median listing prices ↓~3% yearly after 16 straight lower-price weeks, signaling sellers are pricing competitively to meet buyers and keep activity moving.
New listings ↓~3% yearly yet stayed above 120K, near the highest volume in ~1 yr, as some sellers reentered despite rate volatility.
Active inventory ↑~2% yearly, slowing from ~10% at the yr's start, while year-to-date supply runs ~7% above past-year levels nationally today.
Homes spent just 1 extra day on market by yearly comparison, showing buyer demand is absorbing supply instead of letting it pile up.
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Mid-sized metros are adding luxury depth as seven-figure listings expand beyond traditional coastal anchors in NY and California nationwide for high-end buyers. Entry-level luxury nationally
May 29, 2026
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