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A new record: Value of homes for sale is nearly $700 billion. Is that good news for buyers?

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Homes for sale in the U.S. valued at nearly $700 billion, a new record. What that means for buyers.
The article from Deseret.com, dated June 3, 2025, reports that the total value of homes for sale in the United States has reached a new record of nearly $700 billion. This surge is attributed to a combination of factors including a robust economy, low interest rates, and a high demand for housing. The article highlights that this record-breaking figure reflects a significant increase from previous years, underscoring the strength and resilience of the U.S. housing market. Additionally, it notes that while the inventory of homes for sale remains tight, the high valuation is driving more homeowners to list their properties, potentially easing the supply constraints in the near future.

Read the Full deseret Article at:
[ https://www.deseret.com/utah/2025/06/03/homes-for-sale-in-the-us-valued-at-nearly-700-billion-a-new-record/ ]