Housing inventory climbs 7.4% in October as Miami and Houston lead the supply build

A year ago, the story on the housing beat was how little there was to buy. In October 2026 the story flipped: there is finally more to look at, and it is showing up in the numbers that track total listings rather than the pace at which they sell.

The Realtor.com housing inventory print for October, republished through FRED and updated this week, shows national active listings at 1,183,520, up 7.4% from the 1,101,595 that were on the market a year earlier. That back to back build comes after months in which supply kept grinding higher all year. October sits above every month that came before it in 2026, and the increase is not confined to one region. Active listings rose across the Sun Belt, t…