Redfin reports record 63% gap between US home sellers and buyers in September
by@Kalshi
Summary
In September 2026, US home sellers outnumbered buyers by 62.6%, marking the widest gap on record according to Redfin. This significant shift indicates a buyer-friendly environment in the housing market, particularly in major metropolitan areas, giving house hunters enhanced negotiating power. The trend has been influenced by declining pending home sales amid rising mortgage rates, which have resulted in increased contract cancellations and slower overall market activity.
Analysis
Redfin: Redfin is a real estate brokerage powered by Rocket that operates a technology-driven platform for home buying, selling, and market analysis. It regularly publishes reports on housing trends, including buyer-seller dynamics and pending transactions across the United States. In this news, Redfin issued the September report highlighting the record imbalance between home sellers and buyers. Transaction Trends: Pending home sales have declined amid rising mortgage rates, leading to more contract cancellations and slower market activity. Regional Variations: Buyer advantages are particularly pronounced in Sun Belt metros, while a small number of markets in the Northeast and San Francisco remain seller-favorable. Housing Market Shift: The US housing market has shifted toward buyer-friendly conditions in most major metropolitan areas, providing house hunters with increased negotiating leverage.
Categories
macropolitics
Related sources
- https://www.redfin.com/news/buyers-vs-sellers-september-2026/
- https://themortgagepoint.com/2026/10/14/sellers-outnumbering-buyers-the-aftermath-of-the-post-recession-market-collapse/
- https://nationalmortgageprofessional.com/news/home-sellers-outnumber-buyers-63-pending-home-sales-near-12-year-low
- https://www.mpamag.com/us/mortgage-industry/market-updates/heres-how-much-the-seller-buyer-gap-has-shifted-in-2026/593527
- https://seekingalpha.com/pr/20685375-redfin-reports-home-sellers-now-outnumber-buyers-by-63-percent-the-biggest-gap-in-at-least-13
- https://www.prnewswire.com/news-releases/us-pending-home-sales-sink-near-12-year-low-302905207.html
- https://www.redfin.com/us-housing-market
- https://wrenews.com/redfin-september-2026-pending-sales-12-year-low-contract-cancellations/