07/01/2026
Has the market found some stability?
On the hunt for a housing trends update? Realtor.com's Glen Morgenstern brings the latest snapshot of inventory, listing activity, and buyer-seller dynamics across the U.S. housing market.
The economy and the housing market have been shifting fast enough lately that a monthly view alone leaves too much room for surprises. This week's headline is something the market hasn't offered much of lately: stability. Homes are selling at the same pace as they did a year ago, and this marks the fourth consecutive week that's held true.
That kind of consistency matters, especially against a backdrop of lingering economic uncertainty that's made plenty of other indicators harder to read. Inventory remains above year-ago levels, with active listings now well past the 1 million mark. New listing activity also picked up meaningfully, outpacing last year's totals for the third straight week. Prices, meanwhile, told a more mixed story. They fell more sharply on an annual basis, even as they held essentially steady in absolute terms.
Let’s start with new listings, because that's where the most encouraging signal showed up. More than 100,000 fresh properties hit the market this past week, marking the third consecutive week of growth compared to last year. The raw weekly count of new listings actually dipped slightly, but it dipped less than it did at this point last year, which is what produced the positive year-over-year comparison. The share of new listings relative to total inventory stayed flat annually.
Zoom out to the full year so far, and new listings have averaged just below last year's pace, which makes three straight weeks of positive readings feel meaningful. It suggests the hesitation sellers showed earlier this year, when many opted to wait rather than list, may finally be loosening its grip as the summer selling season kicks into gear.
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Realtor, TBWS
