Brokers, home buyers welcome growing inventory and market returning to "some sense of normalcy"

KIRKLAND, Washington (July 6, 2022) - Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the smallest year-over-year (YOY) increase in prices since June 2020.

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Fawn Morgan