'Quiet quitting' the U.S. housing market: One group of sellers has disappeared

There aren't many homes coming onto the market. (Credit: Getty Images)

The housing market's all-important spring season has arrived, but there aren't many homes going up for sale.

According to Realtor.com (see chart below), only 392,016 U.S. homes were listed for sale in April 2023. That's below the 497,844 listed in April 2022—a period that was infamous for its tight supply—and far below the 552,082 listed in April 2019.