Story perspectives
US Home Listings Plummet 3.2%, Favoring Buyers
7/23/2025
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Story summary
- New US home listings dropped 3.2% in June, the lowest level since October 2023.
- This decline is the sharpest since February 2023, reflecting a 3.4% decrease from last year.
- Active listings fell by 0.3% from May but are still 13.3% higher compared to last year.
- The housing market is increasingly favoring buyers amid rising listings and reduced demand.
