After years of battling tight inventory and skyrocketing prices, homebuyers are finally starting to see the tables turn. In 2022—when interest rates hovered around a historic low of 3%—fewer than [350,000 houses](https://fred.stlouisfed.org/series/ACTLISCOUUS) were on the market in the U.S. Fast-forward to 2024, and that number has nearly tripled, with close to 910,000 homes for sale.
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