Redfin

As affordability challenges and uncertainty about the economy are keeping buyers and sellers on the sidelines, just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate reported since the 1990s

Home builders nationwide are refraining from starting new projects as they try to offload inventory, with housing starts dropping 6% year-over-year in August, and housing completions dipping 8.4%

A new study reveals that potential homebuyers are increasingly bailing before hitting the closing table, as 15% of homebuying contracts were canceled in the month of September

Pending home sales jumped 17% year-over-year in San Francisco in September — more than any other major metro, as the typical home also sold in roughly 20 days, more than twice as fast as the typical U.S. home

As rates fall to levels last seen over a year ago, homebuyers have gained approximately $9,500 in purchasing power month-over month, yet with median home-sale prices up 2% year-over-year, many would-be buyers remain on the sidelines

Studies find that there are currently 36.7% more home sellers in the market than buyers — a near-record gap, which is good news for buyers who have an opportunity to negotiate and ask for concessions