Insight
Active housing inventory in early 2025 stood at 1.56 million units with 4.6 months of supply, a level not considered low.
Housing affordability is improving as wages outpace home-price growth
Summary
Housing affordability is improving as wages outpace home price growth. Despite record home prices, wage increases are creating a healthier housing market. Inventory levels are stabilizing, providing more options for buyers.
Key takeaway