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There are 500,000 more people selling their homes in the U.S. than those looking to buy them

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Still, the median home price jumped 1.6% YoY last month and is sitting at $431,931.
The article from Fortune, published on May 30, 2025, discusses a notable shift in the U.S. housing market where the number of sellers now exceeds the number of buyers, a reversal from the trends observed in previous years. This change is attributed to several factors, including rising interest rates that have cooled buyer demand, and an increase in homeowners deciding to sell due to favorable market conditions and personal life changes. The article highlights that this surplus of sellers is leading to a more balanced market, with homes staying on the market longer and sellers offering more incentives to attract buyers. Real estate experts suggest that this could be an opportune time for buyers to negotiate better deals, although they caution that the market dynamics could shift again depending on economic conditions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/30/housing-market-more-sellers-than-buyers/ ]