America’s housing market lost momentum before the calendar reached winter. Newly pending home sales fell 8.5% from a year earlier in September as mortgage rates climbed to their highest level since late 2023, according to Zillow’s September Market Report. The pullback...
A long-discussed demographic shift in American housing is beginning to move from theory into measurable supply — but it is unlikely to deliver the starter-home windfall many buyers have been waiting for. A new Realtor.com Generational Housing Succession analysis...
More than one in five U.S. homes for sale had a price reduction in September as higher mortgage rates pushed buyers back and left sellers competing for a smaller pool of demand. The share of active listings with a price cut reached 20.8%, up 0.9 percentage points from...
The U.S. housing market has spent years arguing that it needs more homes. Builders are now sending a different signal: in many of the markets that produced the most new supply during the pandemic-era boom, they are pulling back. A new Zillow analysis released Sept. 14...
The gap between home sellers and buyers has never been wider in Redfin’s data. Across much of the Sun Belt, buyers have leverage that would have been difficult to imagine a few years ago. Affording the house is another matter. America has entered the strongest buyer’s...