Housing inventory actually fell last week. What is going on? 

In the two weeks leading up to the July 4th holiday week, our weekly Housing Market Tracker showed that housing data was stabilizing as mortgage rates approached their lowest levels of the year. However, with July 4th falling on a Friday, I noted that the following two weeks would likely disrupt our weekly data, and that turned out to be the case. That said, I expect things to return to normal next week. Let’s take a look at the current housing data.

Weekly housing inventory data

The most promising aspect of the housing market in 2025 is the increase in inventory and the slowing growth rate of home prices nationally. After several years following the COVID-19 pandemic, this year seems to reflect a nearly perfect balance. Although inventory decreased last week, this drop was…