Summer ended with a standoff between reluctant buyers and frustrated sellers—but this fall, house hunters can be a bit more optimistic as seven of the 50 biggest metros become buyer’s markets.
The national housing market reached a balance of five months of supply—the first summer to do so since Realtor.com® began tracking this data nine years ago, according to the August 2025 Monthly Housing Market Trends report.
What does that mean in simple terms? The months of supply metric represents how many months it would take for all the for-sale homes on the market (including pending listings) to be sold at the current sales pace…