9 states are back above pre-pandemic housing inventory levels, according to ResiClub’s monthly housing inventory report.

By Lance Lambert

January 12, 2025

When assessing home price momentum, it’s important to monitor active listings and months of supply. If active listings start to rapidly increase as homes remain on the market for longer periods, it may indicate potential future pricing weakness. Conversely, a rapid decline in active listings could suggest a market that is heating up.

Generally speaking, local housing markets where active inventory has returned to pre-pandemic levels have experienced softer home price growth (or outright price declines) over the past three years. Conversely, local housing markets where active inventory remains far below pre-pandemic levels have generally experienced stronger home price growth over the past three years.

National active listings are on the rise (up 22% between December 2023 and December 2024). This indicates that homebuyers have gained some leverage in many parts of the country over the past year, with some markets even feeling like buyers’ markets on the ground. Read More

Read More Great Articles Below:

Housing optimism up ’substantially’ compared to a year ago

Looking For A Cheap Mortgage?  Ask Again In 2026

Large share of homeowners will not relocate, survey shows