U.S. Housing Market Sees Record Gap Between Sellers and Buyers
The U.S. housing market has become the strongest buyer's market in over a decade, with 36.8% more sellers than buyers as of October, according to a Redfin report by Rocket Companies Inc. High mortgage rates and home prices have reduced the number of buyers, giving active buyers significant negotiating power. However, affordability issues limit the number of buyers who can benefit from this market condition.
Rocket Companies Inc., through a report published by Redfin, has highlighted that the U.S. housing market has shifted to the strongest buyer’s market in over a decade, with an estimated 36.8% more home sellers than buyers as of October. This represents the largest gap between sellers and buyers since records began in 2013. The report notes that high mortgage rates and home prices have led to a significant drop in the number of homebuyers, with both first-time and repeat buyers staying on the sidelines. Despite this, buyers who remain active in the market hold considerable negotiating power due to the surplus of homes for sale, especially in states like Texas and Florida. However, affordability challenges mean that only a limited segment of buyers can take advantage of these conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251119427475) on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
