On June 2nd, according to the US real estate brokerage Redfin, the total value of homes for sale in the United States reached $698 billion, an increase of 20.3% over the same period last year and a record high. The reason for the high total value of homes for sale is the increasing inventory, slowing demand and rising home sales prices. The supply of homes hit a five-year high, and there are more sellers than buyers in the market. Homes stay on the market longer. The typical home sold in April w...