U.S. Home Listings Hit 20-Month Low as Sellers Retreat—Redfin

July 22, 2025

MPA, July 22, 2025-Jonalyn Cueto
New listings of US homes dropped 3.2% in June, reaching the lowest seasonally adjusted level since October 2023, according to a new report from real estate brokerage Redfin. The decline marked the steepest month-over-month drop since February 2023. Compared to last year, listings slid 3.4%, reversing the annual gains seen since October.
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