Tagged: Housing Inventory

October sales plunged 5.5% as high mortgage rates sidelined buyers, with economists warning the slowdown could extend into November and December closings

Zillow reports the steepest annual drop in newly pending home listings since 2023, adding pressure to an already weakening purchase market

September’s decline leaves originators competing for fewer purchases, while rising borrowing costs and limited new listings keep affordability under pressure

Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand

Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power

NAR reports September’s sales pace remained below 4 million, while more inventory gave buyers negotiating room and higher rates weighed on the outlook for demand

Realtor.com projects older owners will release 13.9 million homes over the next decade, with most of the added supply concentrated in three- and four-bedroom properties

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

The institutional-investor cap may grab headlines, but permitting, construction costs, and local building activity will have a much bigger say in how much inventory originators have to finance

Redfin counted 58% more sellers than buyers in August, but national home prices still increased as equity-rich owners resisted steep discounts