If you want to understand where home prices are headed, don’t just look at rates—look at inventory. It’s the real estate market’s mood ring, and right now, it’s sending mixed signals.
Nationally, active housing inventory is up 31.5% year-over-year—a big shift that’s giving buyers more leverage. Still, we’re 12.3% below pre-pandemic 2019 levels, meaning the market hasn’t fully normalized.
Here’s the kicker: ResiClub has partnered with Epum, a real estate research lab specializing in commercial and residential construction trends—including single-family rentals and build-to-rent projects. With this partnership, ResiClub now has even deeper insights into the future supply pipeline, not just what’s on the MLS today.
Regional Breakdown:
Midwest & Northeast: Inventory remains tight-ish. Sellers still have an edge and price growth has been resilient.
Sun Belt & Mountain West: Inventory has surged back to (or past) 2019 levels. Builders are cutting prices or offering incentives, cooling the resale market as new construction competes for buyers.
Why It Matters:
More inventory = more balance. But it’s not evenly distributed. ResiClub and Epum’s partnership gives an upgraded view of not just what’s on the market now—but what’s coming soon. That’s huge for forecasting pressure points and opportunity zones.
Bottom line? The inventory tide is rising, but not everywhere. And with new data firepower, we’re better equipped to track the next moves in this high-stakes housing game.
Source: https://www.resiclubanalytics.com/p/housing-market-metric-state-level-inventory-update-june-2025
