05/25/2022
Homes for sale (active listings) are soaring across Utah. So far in May, there have been 3,500 to 5,000 active listings on any given day. A year ago, during the same period, active listings ranged from 2,100 to 2,800. On May 21, there were 5,009 active listings in Utah, 81% higher than a year earlier when there were 2,767 active listings. Higher home prices and rising interest rates are contributing to the higher number of listings, as fewer buyers qualify for mortgages.