Homebuyers had 45,000 fewer homes to choose from in July as the US housing market remains as tight as ever

• There were 45,000 fewer homes available to buy in July compared to a year ago, Realtor.com reported.
• The total number of homes for sale decreased by 9.1% compared to last July.
• This week, the average 30-year fixed mortgage climbed to 7.13%, nearing last October's peak of 7.37%. 

There were 45,000 fewer homes available to buy on a typical day in July compared to a year ago, according to Realtor.com data. 

Despite a month-over-month increase, active inventory fell 6.4% year over year, marking the first annual decline since April 2022.