Home sellers now outnumber buyers

(CNN)– There are plenty of options for people looking for a new place to live.

An analysis from real estate company Redfin, finds there were roughly half-a-million more sellers than potential buyers in the market as of April.

That’s the biggest gap between those two groups since 2013 when Redfin started gathering this data.

Analysts point to several factors as reasons why there’s a dip in buyer demand including U.S. trade tensions and fears of a possible recession.

But despite the overabundance of supply home prices are still on the rise.