In April, the real estate market broadly transitioned into what is considered a buyer’s market. This shift is reflected in the average Months of Inventory (MOI) hovering around four months across multiple regions and property types. An MOI of four indicates that, at the current pace of sales, it would take approximately four months to sell all existing inventory if no new listings were added. This level of supply typically favors buyers, as it suggests there is more inventory available than there is immediate demand—leading to increased competition among sellers, more room for negotiation, and potentially softer price growth in certain segments of the market.