Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
May 30, 2025
Homeowners eager to sell may have to wait a while before a buyer comes along. As of April, the U.S. housing market had nearly 34% more sellers than buyers shopping for a home, according to an analysis by Redfin. Aside from April 2020, when the pandemic brought housing activity to a standstill, there haven’t been this few buyers in the market for a home before, based on records that date back to 2013. The shift should help home shoppers who can afford to buy, but it changes little for those who remain priced out of a home.
