National Housing Market Report - July 2022 - Infographic


  • Nationally, the inventory of homes actively for sale on a typical day in July increased by 30.7% over July 2021, the largest inventory increase in® data history. Higher than June’s record-breaking growth rate of 18.7%.
  • The total inventory of unsold homes, including pending listings, increased by just 3.5% year-over-year due to a decline in pending inventory, but this is the first increase since September 2019.
  • The median list price grew by 16.6% in July, supported by slowly adjusting seller expectations and a bigger share of larger homes listed. However, signs of softening price growth are present in a decelerating growth rate and a rising share of price reductions.
  • Newly listed homes declined by 2.8% in July compared to July 2021, breaking a three-month streak of positive annual listing growth since April.
  • Time on the market was 35 days in July, just two days less than July 2021 of last year, but 26 days less than typical pre-pandemic levels.


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