【Zillow】Inventory continues to climb, giving buyers more options (December 2024 Market Report)

Buyers should expect less competition for homes than in recent years as housing inventory continues to trend closer to long-term norms from before the pandemic. The number of homes on the market nationwide in December was just under 1 million — more than in any December since 2019. The available pool of existing homes is now 25% below 2018–2019 averages for this time of year, far from the 37% shortfall of January 2024 or the record deficit of 51% seen in February 2022. Rising inventory also points to softer price growth ahead. 

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