Realtor Cynthia Houston

More home sellers are taking their houses off the market after not finding buyers at their asking price.

In May, delistings rose 47% nationwide compared to last year, according to Realtor.com's latest housing trends report. This shows many sellers prefer to wait rather than lower their prices. At the same time, the number of homes for sale grew 29% in June compared to last year. New listings went up 6.2% over the past year but have stayed steady in the last two months.

Still, more homes are being taken off the market than new ones are being added. In May, 13 homes were delisted for every 100 new listings, up from 10 in the spring of 2023 and 2024, and only six in 2022.

What this means for buyers and sellers: https://rltor.cm/ppmf08