Mortgage rates briefly dipped below 6%, keeping the housing market favorable for buyers with falling prices and growing inventory. New listings rose 1.5% year over year but remain 2.5% lower year-to-date than last year. Active inventory increased 6.2%, though growth has slowed from previous years. Homes spent 4 days longer on the market, with a median of 58 days. Median listing prices fell 2.4%, marking 20 weeks of flat or declining prices.
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