Housing market shows resilience as inventory and pending sales rise

1 articles · Updated · Realtor.com News · May 6

In April, inventory rose 4.6% year on year and mortgage rates eased to 6.2%-6.3%, even as builder sentiment hit its lowest since September 2025 and consumer sentiment a record low.
Realtor.com economist Jake Krimmel said the market beat weak expectations, with pending sales up for a fourth straight month and new listings surging in the Northeast and Midwest.
Buyers and sellers remain cautious over economic uncertainty, Middle East tensions and job-loss fears, while agents say a growing "fear of overpaying" is replacing the pandemic-era fear of missing out.

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With a 'fear of overpaying' gripping buyers, are price-drop protection services the future?