The US housing market is experiencing a complex situation where inventory is rising and more sellers are cutting prices, yet home affordability remains difficult due to higher mortgage rates. Realtor.com's report shows a 5.4% increase in active home listings and a record 20.8% of listings with price reductions in September. Despite these adjustments, mortgage rates have risen significantly, limiting buyer activity and causing a 4.1% drop in homes under contract year-over-year. Experts will watch closely to see if deeper discounts attract more buyers or if homes remain unsold amid these challenging conditions.
The US housing market shows a 20.8% share of listings with price reductions, illustrating ongoing seller adjustments amid rising mortgage rates. For readers following real estate, here is Pluang's market snapshot as of Sep 30, 2026 19:21 WIB: of 26 priced US real estate stocks, 13 rose and 8 fell. Notable movers include IRM at USD 110.67 with a -0.74% change and a typical hold time of 79 days, ARE at USD 48.72 with a +0.52% change and balanced buy/sell orders, and PSA at USD 284.21 with a -0.48% change and 100% buy order activity.
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