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US housing market sees record seller surplus in August, boosting buyer's negotiating power.

Market News
10 Sep 2026
PRNewsWire
View Source
Bullish
US housing market sees record seller surplus in August, boosting buyer's negotiating power.

In August 2026, the US housing market experienced a record gap with sellers outnumbering buyers by 58%, the largest since 2013, driven by a surge in listings and stagnant demand. Major cities like Nashville, Miami, and Houston emerged as the strongest buyer's markets, with more than double the number of sellers compared to buyers. Only five metro areas, including New York City suburbs and San Francisco, remained seller's markets due to limited new construction and strong demand. This surplus gives buyers more negotiating power, allowing them to be choosy and negotiate prices or concessions, while sellers must price competitively and prepare to negotiate to attract buyers.

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