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The climate of the U.S. housing market for buyers varies by region, and Realtor.com has identified eight metro areas that are true buyer’s markets. Using its Market Clock, the company tracks housing conditions across the 50 largest metropolitan areas based on months of supply, time on the market, price changes, and the list-to-sale ratio.
Realtor.com’s Market Clock covers the 50 largest metros and found that about half (46%) are in balance, 26% are seller’s markets, and 16% are buyer’s markets. The eight buyer’s markets are concentrated mostly in the South, with one outlier in the West. None are in the Northeast or Midwest, where demand and limited supply tend to keep markets balanced or favor sellers.
In the Realtor.com report, eight of the top 50 metros were buyer’s markets. For all eight markets, the Market Clock is at 5 o’clock, a signal of ample supply and rising listings accompanied by price concessions.
The eight metros are:
Realtor.com senior economist Jake Krimmel said that while active listings may not have risen year over year in every buyer’s market, Riverside and Nashville have seen active listings increase sharply since rates reset in 2022. Active listings rose 222% in Riverside and 330% in Nashville, compared with a national average increase of 172% since March 2022.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…