U.S. Active Inventory of Homes for Sale 12-Month-Rolling Average, Long-Term Trends, since 2000*
2007-2008
3,750,000
3,500,000
2011
3,250,000
3,000,000
Subprime bubble, market recession, foreclosure crisis
The number of homes for sale has been rising in 2024, but still running extremely low by long-term standards.
2,750,000
2,500,000
2015
2,250,000
2000
2,000,000
2019
1,750,000
Pandemic hits ▲
1,500,000
2022-23-2024
1,250,000
*The 12-month-rolling average is a very broad, simplified view of trends, which may lag short-term changes . Each data point reflects the monthly average of the previous 12 months of active listings.
1,000,000
Interest rates soar ▲
Updated through November 2024
750,000
*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing homes (not new-construction): single-family dwellings, condos, co-ops. Not seasonally adjusted. Last month labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.
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