Inventory up, but Market Momentum Slows in Mid-Fall

Slide 1:
Inventory climbs 15% YoY, but post-pandemic growth is clearly slowing month by month.

Slide 2:
Buyers stay cautious despite lower mortgage rates, with homes lasting 63 days on market.

Slide 3:
Pending sales dipped 1.9% YoY, signaling softer demand even as choices expand.

Slide 4:
National median list price rises slightly to $424,200.

Slide 5:
Homes are selling faster than 2017–19 norms, but inventory recovery still lags behind.