U.S. Housing Market Sees Record High in Home Sellers Amid Price Declines
TL;DR Summary
The U.S. housing market is experiencing a record high in sellers compared to buyers, with nearly 500,000 more sellers than buyers, leading to a buyer's market and an expected 1% decline in home prices by the end of 2025. This shift is driven by high home prices, rising mortgage rates, economic uncertainty, and homeowners locking in low rates, causing many homes to sit unsold and prices to soften, especially in markets like Miami and Newark.
- The Housing Market Has Nearly 500,000 More Sellers Than Buyers Redfin
- Report: Home sellers now outnumber buyers by largest margin in 12 years WXII
- Home Values Dropping In 27 Of 50 U.S. States As The Housing Market Shifts Amid Continuing High Interest Rates, Zillow Data Shows Yahoo Finance
- Redfin Forecast: U.S. Home Prices Will Dip 1% By the End of 2025 Redfin
- Number of Americans Selling Their Home Soars to Record High Newsweek
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
13 min
vs 14 min read
Condensed
97%
2,679 → 75 words
Want the full story? Read the original article
Read on Redfin