1304 ET - Almost half--22--of the 50 largest U.S. metros have more active listings on the market than they did pre-pandemic, according Realtor.com's Monthly Housing Report. Denver saw the largest recovery, with a 100% increase in available homes compared to 2017-2019 averages, followed by Austin, with a 69% increase, and Seattle, with a 60.9% rise. Realtor.com says that in some areas, affordability concerns have also slowed buyer demand, giving the market "room to breathe and contributing to gains in homes for sale." Markets that built the most new housing during and after the pandemic are now the most likely to show inventory gains. These cities now face longer selling times, both of which contribute to rising inventory. Buyers are moving more cautiously in 2025, and in many Western and Southern metros, homes are sitting longer. (chris.wack@wsj.com)
(END) Dow Jones Newswires
July 02, 2025 13:04 ET (17:04 GMT)
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