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More homes listed but fewer buyers, creating a strong buyer's market with price negotiation opportunities.

Market News
27 Aug 2026
PRNewsWire
View Source
Neutral
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New home listings in the U.S. have risen to their highest level since April, while pending sales dropped to a six-month low, signaling a shift toward a buyer's market. High home prices, with a median sale price over $400,000, and mortgage rates near 6.65% are keeping many buyers on the sidelines. This market dynamic allows buyers to negotiate prices and request concessions, especially in cities like Miami, Nashville, and parts of Texas. Experts suggest buyers consider homes listed for several weeks for better deals before the market potentially heats up after Labor Day.

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