New listings hit a four-year high

We’re seeing a noteworthy shift in the US housing market, with new listings now up 8%—the highest since August 2022. For those considering a move, more choices are appearing, and active listings are edging closer to balanced territory. However, pending sales have dipped to a low, and with mortgage rates still at 6.66%, affordability remains a real challenge, even as median home prices have nudged up by 2.2%. Navigating these changes requires a tailored approach and clear guidance. I always strive to keep my clients informed and confident, so you can move forward with clarity—whether you’re exploring your next home or preparing to sell.