Southern City Sellers Flee Market at Record Pace
Housing Inventory and Market Dynamics in Southern Cities The housing inventory in southern cities has experienced significant shifts. These changes reflect broader market dynamics in the region. Southern metros have rebounded to pre-pandemic inventory levels. There has been a +4.3% recovery as of mid-2025, indicating notable growth. July 2025 saw a 25.4% year-over-year inventory increase. This showcases strong trends in the market. Despite these gains, inventory remains about 12.9% below historic norms. This highlights ongoing supply constraints. Inventory fluctuations are closely connected to new construction. Regions with significant new construction, like Austin and Nashville, have stable inventory levels compared to areas with limited development. New builds influence seller psychology by reducing the urgency to sell and compelling strategic pricing adjustments. In Austin, inventory from new builds has surged. Florida's rental market crisis is an example of how broader economi...