Housing markets where active inventory has risen above pre-pandemic 2019 levels are more likely to see year-over-year home price declines right now

Among the nation's 250 largest metro areas, 72 have home prices down year-over-year between April 2024 and April 2025

Chart: Lance LambertSource: ResiClub's analysis of active inventory data from Realtor.com through end of May 2025, and home price readings from the Zillow Home Value Index through the April 2025 reading published in May 2025Created with Datawrapper