-6.8 C
Ottawa
Saturday, December 13, 2025

Homes Taking Longer to Sell as Inventory Spike: Report

Date:

Homes Taking Longer to Sell as Inventory Spike: Report

A “For Sale” sign in Washington, on May 19, 2025. Madalina Vasiliu/The Epoch Times

As of the week ending July 19, homes are sitting on the market for eight days longer, compared to a year ago, as buyers remain on the sidelines, according to a July 24 Weekly Housing Trends report on the real estate listings website Realtor.

The median time homes sat on the market hit 58 days nationally, which happened amid active inventory jumping nearly 25 percent year-over-year, the 89th consecutive week of annual gains.

About the author: Naveen Athrappully
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Shadow Inventory, Demand May Spur 2026 Housing Recovery: Compass

A home is seen for sale in Austin, Texas,...

Nigerias Christians are Caught in a Tide of Jihadi Violence

|December 13, 2025Updated:December 13, 2025Nuhu Dauda was on a...

Belarus Frees 123 Political Prisoners in US-Brokered Deal

Lukashenko’s office said it welcomed the lifting of what...

What to Know About Inheriting a Retirement Plan

Vitalii Vodolazskyi/ShutterstockYou may have recently inherited an individual retirement...