The US housing market is now firmly in favor of buyers:

The US housing market is now firmly in favor of buyers:

46% of home sellers offered concessions to buyers in May, the highest May reading on record.

This percentage has DOUBLED since 2022 and also marks the 2nd consecutive annual increase.

This comes as the US now has ~47%…pic.twitter.com/uZIxdGl5kZ

— The Kobeissi Letter (@KobeissiLetter)June 28, 2026

Source: SGT Report