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Sellers are taking their homes off the market at the fastest pace in nearly a decade
CNBCยท2025-11-25 15:23

Homeowners are seeing prices weaken significantly and would rather wait than accept a low offer. Prices in September were 1.3% higher year over year, down from a 1.4% rise in August, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index.Sellers are delisting because so many listings are going stale, sitting on the market longer and longer. Redfin reported that 70% of listings in September were on the market for 60 days or longer.Close to 85,000 U.S. sellers took their homes off the m ...