The US housing market is starting to flash a few rays of sunshine for homebuyers

• The US housing market is starting to flash a few rays of sunshine for prospective homebuyers.
• Inventory is growing at a time of year that usually sees declines, Altos Research said.
• And Redfin reported that more home sellers are lowering their asking prices.

A glint of hope is starting to emerge for US homebuyers, who have largely been pushed out of the market amid soaring prices and a widespread supply crunch.

It comes as the housing market has been stuck, with sales activity stalling as high rates discourage buying and selling. In fact, the situation is so bad that Redfin CEO Glenn Kelman recently declared the market has hit “rock bottom.”