Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

Real Estate Today

Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

Real Estate Today — Trending Real Estate News and Business

U.S. Housing Market Shifts Toward Buyers as Rates Rise

U.S. Housing Market Shifts Toward Buyers as Rates Rise

Homebuyers are gaining negotiating power as more properties enter the U.S. market and sellers become more open to concessions. Yet borrowing costs remain a major obstacle: the average 30-year fixed mortgage rate reached 7.40% in early October, limiting the financial benefit of lower asking prices. Key Takeaways Existing-home inventory reached 4.9 months of supply in August 2026, the highest level in more than a decade Redfin estimated 58% more sellers than buyers in August, the largest gap in its records dating to 2013 Freddie Mac reported a 7.40% average 30-year fixed mortgage rate on October 8 Price reductions and repair credits are giving some buyers greater room to negotiate Mortgage payments and other ownership costs continue to limit affordability U.S. Housing Market Inventory Gives Buyers More Leverage The National Association of Realtors reported 1.62 million existing homes available for sale in August 2026, equivalent to 4.9 months of supply. That

U.S. Homebuilder Sentiment Falls to 12-Month Low

U.S. Homebuilder Sentiment Falls to 12-Month Low

U.S. homebuilder sentiment declined in September as higher mortgage rates weighed on sales conditions and buyer traffic. The National Association of Home Builders/Wells Fargo Housing Market Index fell three