Housing Inventory Up 32% in May, Easing Listings Crunch in Some Regions: Report — RISMedia
By: Claudia Larsen | Published: 2025-07-08 16:58:00 | Source: www.rismedia.com
Housing markets across the U.S. are finally seeing more inventory up for grabs, alleviating a supply crunch that’s been years in the making. Homes for sale jumped 32% year-over-year in May, according to the Intercontinental Exchange (ICE) July Mortgage Monitor Report released Monday.
The supply deficit compared to pre-pandemic levels shrank to just 13% compared to 34% this time a year ago, ICE found. At this pace, the market could return to normal inventory levels by fall, which is good news for potential buyers who’ve been lingering on the sidelines.
“We’re on pace to see the number of homes available for sale normalized by the time we get to Halloween this year,” Andy Walden, head of mortgage and housing market research at ICE, told…
