Did you know that available inventory of single family homes for sale rose almost 1% this week, back up to 552,000. This week’s rise follows three weeks of shrinking inventory, so this still isn’t much relief for eager home buyers.
Home prices held steady this week, with the median price of single family homes at $439,900 right now. Home prices will hover around here for about four more weeks before dropping for the holidays starting in mid-October, following our usual seasonal patterns. We’re still on track for about 10% price appreciation in 2022. Check out the video below for some additional information: