Inventory of Homes for Sale Increased in November [Infographic]

Highlights

• The national inventory of active listings increased by 46.8% over last year.
• The increase in active listings was more than 13 percentage points over October 2022.
• The growth in active listings was the most significant month-over-month increase since May 2022, when home inventory had its first positive annual growth rate since June 2019.
• The number of newly listed homes declined by 17.2% from November 2021.
• The median home list price grew by only 11.0% in November and continues decelerating from the higher growth rates of recent months.