Realtor.com® March Housing Report: Housing Market Takes a Step in a Buyer-Friendly Direction

April 4, 2024

https://www.prnewswire.com/news-releases/realtorcom-march-housing-report-housing-market-takes-a-step-in-a-buyer-friendly-direction-302107665.html

 March data shows the largest share of price reductions since 2019 with 34 out of the 50 largest metros showing an uptick in drops

SANTA CLARA, Calif., April 4, 2024 /PRNewswire/ — According to the Realtor.com® March housing report, buyers are looking at an optimistic mix of increasing inventory and an uptick in price reductions going into the Spring season. In March, the percentage of homes with price reductions increased to 15.0% – the largest share in 5 years – and the total number of homes actively for sale grew by 23.5% compared to last March (but remains well below pre pandemic levels).

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