Housing supply exceeds demand in many U.S. markets, giving buyers negotiating power and moderating price growth. Spring 2026's top homebuyer markets feature surplus sellers, below-national-median prices, and longer listing times, with Texas cities dominating the list. Nationally, there are 44% more sellers than buyers, favoring buyers in 39 of the 50 largest metros. Median home prices rose 1.1% nationally, with some cities seeing declines. Affordable options exist in cities like Detroit and Pittsburgh.
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