New Redfin data shows a modest rise in home listings and easing affordability pressures, as lower mortgage rates begin drawing cautious buyers and sellers back into the market
Pending home sales are falling apart at a record pace, with more than 16% of December contracts canceled as higher costs and increased inventory give buyers greater leverage to walk away before closing
Falling mortgage rates are driving a surge in buyer interest and mortgage applications, even as home sales remain slow and buyers gain negotiating power amid rising inventory, according to Redfin
Redfin data shows sellers now outnumber buyers by a record 47%, pushing the U.S. housing market deeper into buyer-friendly territory as demand sinks to historic lows
Falling mortgage rates have driven the largest year-over-year drop in monthly housing costs in more than a year, boosting buyer affordability even as market activity remains muted
Pending home sales in December 2025 dropped to their second-lowest level on record as buyers pulled back amid high costs and economic uncertainty, while home prices remained elevated and listings declined
