Forty-one of the 50 largest US metro areas are now classified as buyer's markets, with Miami, Nashville and Houston leading the shift. High mortgage rates and affordability pressures continue to reduce buyer demand according to the recent data.
Tuesday, October 20, 2026
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US Markets6 days ago
Demand from homebuyers fell to a record low of 929,000 people last month, while active listings in the US reached 1.51 million. This gap created a 62.6% surplus of sellers, which Redfin reports as the widest imbalance since the company began tracking the housing market in 2013.

Forty-one of the 50 largest US metro areas are now classified as buyer's markets, with Miami, Nashville and Houston leading the shift. High mortgage rates and affordability pressures continue to reduce buyer demand according to the recent data.
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