down roughly 5% from a year earlier and 66% from the pandemic homebuying frenzy
https://www.axios.com/2025/05/31/second-home-mortgages
Adjacent headline: Home Sale Cancellations Surge to Near Record Highs
https://www.newsweek.com/home-sale-cancellations-surge-near-record-highs-2076967
Yeah... my dad's house in a ski town just went on the market. Crickets.
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall.
https://investors.redfin.com/news-events/press-releases/detail/1341/the-u-s-housing-market-has-nearly-500000-more-sellers