Sellers who were dissatisfied with a lack of offers or low offers pulled their listings from the market in record numbers in May, according to Realtor.com. Delistings, as this phenomenon is called, rose 47% nationally in May from the year before, a sign that many sellers would rather wait for a more favorable market than negotiate in the current climate. There were 13 homes delisted in May for every 100 homes coming on to the market. The South and West saw the biggest rise in delistings, where overall inventory levels have returned to pre-pandemic levels.