Housing Supply Drops Most in 2 Years as Low Demand Spooks Sellers
Existing-home sales should end 2025 roughly in line with 2024—the slowest year since 1995—but the outlook could improve if mortgage rates fall further.| Redfin Real Estate News
Existing-home sales should end 2025 roughly in line with 2024—the slowest year since 1995—but the outlook could improve if mortgage rates fall further.| Redfin Real Estate News
There are roughly 500,000 more home sellers than buyers, meaning buyers have negotiating power. But the tables could turn if mortgage rates fall further.| Redfin Real Estate News
Pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop more. But if that happens, sellers would regain the upper hand and home prices would likely rise more.| Redfin Real Estate News
With the Fed out of its blackout period, there is a crowded schedule of Fed speakers this week. The remarks will be analyzed for clues about the potential for rate cuts at the October and December meetings.| Redfin Real Estate News
From Our Economists| Redfin Real Estate News
