Recent data reveals that housing inventory has reached a new high since 2020, with the number of homes for sale increasing by 14.8% compared to the same period last year, marking the fourth consecutive month of growth. This suggests that buyers have more options and opportunities when choosing properties, especially with more listings available at lower prices. It is worth noting that the number of new listings has also increased by 11.3%, indicating a surge in fresh property choices in the market.

With the increase in inventory and the slowdown in price growth, both buyers and sellers will experience some new changes. Buyers will have more leverage, especially in properties with relatively lower prices.

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At the same time, sellers are adapting to market demand, with some properties being discounted as sellers are willing to adjust prices to attract more potential buyers. This market adjustment indicates that both parties are seeking better trading conditions, and buyers may have some bargaining power when making offers.

There have also been fluctuations in mortgage rates. Since last fall, mortgage rates have been fluctuating but have recently shown an increase. These changes may affect buyers' loan choices and costs, necessitating careful attention to market rate fluctuations.

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However, the overall economic situation and stability in the labor market will also impact mortgage rates, requiring close monitoring of market trends.

In terms of regions, housing supply in large southern cities is increasing, particularly in the price range of $200,000 to $350,000, providing more options for buyers seeking affordable properties. Meanwhile, housing inventory in some large cities in the West and Northeast is slightly decreasing, showing different characteristics and trends in the market.