"High housing costs and economic uncertainty have caused many house hunters to retreat, creating an imbalance of buyers and sellers."
There are now nearly 50% more home sellers than buyers as mismatch widens to a record 630,000. But it’s only a buyer’s market if you can afford it
The U.S. housing market now faces a record 630,000 imbalance between home sellers and buyers due to high costs and economic uncertainty, shrinking buyer participation by nearly 50%. This disparity disproportionately affects low-to-moderate income households and first-time buyers, exacerbating affordability crises and market instability.