In June 2025, U.S. housing inventory reached a post-pandemic high with a 28.1% year-over-year increase, while delistings rose 47%, indicating seller impatience amid slower sales. Price cuts hit the highest June level in nearly a decade at 20.7%, yet median list prices remained steady. Buyers face more choices, but many sellers hold out for peak prices or withdraw listings, creating a market standoff.
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