Putting rental units on the market isn't easy, though.
Massive debt amongst property developers like Evergrande have led to incomplete buildings and angry homebuyers.
In some markets, sellers can no longer bet on multiple offers and quick deals, and buyers can afford to be pickier.
The number of pending sales is down from last year, but homes are still selling quickly.
The homeownership rate among Black Americans is 42%. For white Americans, it's more than 70%.
Mortgage rates are up. Realtors are being laid off.
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
Extra space is at a premium for those who want to Zoom in peace.
The median payment on a new mortgage increased almost 9% from March to April.
Yes, mortgage rates are high. But demand is starting fall because of that, and prices aren't rising as fast as they have been, experts say.