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  • makeya

Midyear Market Update


Good News

  • Housing is normalizing after two unprecedented "unicorn years"

  • Return of seasonality is a welcome sign

  • Prices are rebounding

  • Buyers are active as housing is normalizing

Reality Check

  • Homeowners have limited options between rates & inventory

  • New listings are still declining

  • Affordability remains the primary challenge

Outlook

  • New construction is growing, offering more options for buyers and sellers

  • Expect a moderately active summer season

  • With rebounding prices, homeowners ready to move are in a solid position


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