We’re seeing a notable shift in the US housing market: new listings are up by 8%, marking the highest level since August 2022. While active listings are approaching balanced territory, pending sales have reached a low point—a dynamic worth watching. Mortgage rates remain at 6.66%, continuing to shape affordability, even as the median price edges up by 2.2%. As a Luxury Real Estate Specialist in Johnson County and the Greater Kansas City area, I always keep a close eye on these market movements to help clients make informed decisions in our evolving landscape.
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