Realtor.com® July Housing Report: Inventory Hits Post-Pandemic High

August 1, 2024

https://www.prnewswire.com/news-releases/realtorcom-july-housing-report-inventory-hits-post-pandemic-high-302212065.html

Seattle (37.3%), San Jose (30.8%) and Columbus (17.4%) See Highest Gains in New Listings this July

SANTA CLARA, Calif., Aug. 1, 2024 /PRNewswire/ — According to the Realtor.com® July housing data, the market is becoming more buyer friendly through a combination of rising inventory levels and price cut reductions. Homes actively for sale grew 36.6% in July 2024 relative to the same time last year, hitting a post-pandemic high, while the share of listings with price cuts reached 18.9%, the highest rate since October.

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