The Number of U.S. Homes for Sale Is Slowly Returning to Normal: An ‘Incredible Trend,’ Economists Say

Homebuyers facing high mortgage rates will find an increasing number of homes for sale, with a 35.2% rise compared to last year. Prices are rising seasonally, but more affordable homes are entering the market. Despite longer selling times, homes are selling quickly, with the typical home spending 44 days on the market in May.

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