Housing Market Finds Its Footing

Housing market rebounds in May as median list prices drop 2.4% year-over-year—the biggest fall since 2017—signaling sellers are pricing realistically from the start. Pending sales climb for six straight months, new listings hit a 2022 high, and activity surges across all U.S. regions, hinting at a balanced market emerging. Economists say this isn’t a crash but a smarter, more aligned seller-buyer dynamic. Still, experts warn: stability hinges on inflation and mortgage rates holding steady—watch inventory and cancellations closely. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b6e2d19d63840a6f