Texas-based Keller Williams (KW) reported first quarter earnings last week, seeing domestic transactions, listings and closings fall compared to a year ago while sales volume rose 10.5% to $108.4 billion—a clear illustration of shrinking inventory and rising prices. The company also added significantly fewer agents worldwide compared to a year ago—gaining 1,523 net agents in Q1 2022 against 3,909 in Q1 2021.