Very few people interested in selling are contributing to continued low inventory levels. Nationally new listing prices are down roughly 4% from last year. While there is still buyer demand, the stats below are showing that home prices in most local areas have been coming down. Variables for the rest of the year will include unemployment, possible recession, and mortgage rate levels. Mortgage rates will hugely slow down buyers as they get closer to 6.5%-7.0%. It's a sellers market due to inventory, for now, especially in the lower price points. Higher price points are mixed. It will be interesting to see what type of inventory the next few months bring and how many buyers will remain in the market if rates go higher.