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"What is the current percentage of homes for sale compared to the total number of available homes on the market?"
As of April 2023, there were 184,000 more homes available to buy compared to the same time in 2022, a 23.5% increase.
The total number of unsold homes, including homes under contract, has also increased by 16.5% compared to last year.
The number of homes for sale varies by region, with the South and Midwest having a higher concentration of for-sale inventory.
As of 2022, there were approximately 1 million units available for sale in the US, compared to around 4 million homes available for sale in previous years.
The US has a shortage of homes in the price range that middle-income buyers can afford to buy, with about 320,000 listings missing from the market with a value of up to $256,000.
As of February 2023, the number of homes for sale had increased by 67.8% compared to last year.
The total number of unsold homes, including homes that are under contract, has increased by 599 compared to last year.
The housing market trends report shows that the number of homes for sale increased by 23.5% compared to last year, marking a fifth straight month of growth.
According to Zillow, buyers largely follow the distribution of US adults, with a slightly higher concentration in the South and Midwest.
In 2023, 63% of buyers considered online reviews and ratings highly important when searching for a home, a 21-point increase from 2018.
The total number of housing units in the US has been increasing steadily since 1975, with a significant jump from 2020 to 2022.
As of March 2023, there were approximately 11 million homes available for sale in the US.
The housing affordability and supply report shows that the US has the largest shortage of homes in the price range that middle-income buyers can afford to buy.
In 2022, the number of newly built and existing homes for sale in the US was around 1.4 million, with a slight increase from 2021.
The National Association of Realtors releases national and regional existing-home sales, price, and volume statistics on or about the 25th of each month.
According to Realtor.com, there were 71 more homes for sale in June 2023 compared to the same time in 2022, a 4.1% increase.
As of April 2023, the count of active single-family and condo listings in the US was around 1.2 million.
The housing market trends report shows that the number of homes for sale increased by 678 compared to last year.
The total number of unsold homes, including homes that are under contract, has increased by 16.5% compared to last year.
The housing market is constantly changing, with new data and trends emerging each month, making it essential to stay informed about the current state of the market.
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