November 2025 Housing Market Trends Report-Realtor.com Research: Inventory, Prices, Delistings, and Refuge Markets

– Inventory climbs for the 25th straight month (+12.6% YoY), but growth is slowing, as the plateau in the post-pandemic supply recovery continues. – Buyer activity remains soft as homes stay on the market longer (+3 days, YoY) and prices ease (-0.4% YoY). The slowdown is most pronounced in the South and West, while many