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If you’ve been watching the housing market, you know inventory doesn’t move in a straight line. Looking at the last three years (2022–2024), the data shows that home inventory usually bottoms out during August, with the lowest point landing between August 5th and September 1st.
From there, inventory climbs again from early September until around October 6th. For sellers, that means you’ll see more competition until the start of October, but that shouldn’t stop you from listing. For buyers, it’s an opportunity for another shot at finding more options, if you missed out this summer.
I have a bold prediction that goes against the trends though. I don't think this market will follow the same rules as it had. For the last several years we have had a lot of market hesitation with buyers and sellers. That was mainly due to high inflation (weakened dollar) and high mortgage rates that lead to uniquely low inventory. With mortgage rates dipping below 6.5% now, and possibly moving even lower, I wouldn't be surprised to see inventory grow until at early November...maybe Thanksgiving?
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