Homebuying off to a slow spring start

US housing market wobbles during major homebuying season

Housing inventory is the highest it has been in years in the U.S., but buyers are not showing up for it.

Homebuying Season Underperforms as Supply Hits 5-Year High

The sale of existing homes declined in April on a monthly and annual basis amid a jump in supplies, real estate brokerage Redfin said in a May 19 statement. Sales fell to a seasonally adjusted annual rate of nearly 4.2 million units in April, the lowest level since October 2024. It was down 0.2 percent from March and lower by 1.1 percent from April 2024—the first annual decline in seven months. However, there were 1.94 million homes for sale in …

Homebuying off to a slow spring start

The crucial spring home-sales season in the U.S., barely off the runway, is already sputtering.

Top 7 Indicators of Austin Market Changes

Austin’s housing market is shifting toward a buyer-friendly environment. Here’s what you need to know: Median Home Price: $450,000 as of April 2025, down 3.2% year-over-year. Active Listings: Surged 21% year-over-year to 15,796 in April, with 50.69% of listings seeing price reductions. Days on Market: Homes now take an average of 76 days to sell, up from 32 days in 2021. Inventory Levels: Monthly inventory climbed to 6.03 months, tipping the ma…