Is the US Housing Market Finally Shifting Toward Buyers?

U.S. housing inventory rose 31.5% year-over-year in May, giving buyers more options and negotiating power, though the market isn't fully a buyer's market yet, with 4.4 months supply below the 6-month buyer's market threshold. Homes take longer to sell, with more price cuts, especially in the South and West. Prices remain near pandemic peaks, but buyers face less competition and more contract flexibility. Regional trends vary widely.