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The worst time to sell a home is right now data shows
New York Post • • business
Key Points:
- The number of active US homebuyers dropped to about 967,000 in July, the lowest since Redfin began tracking in 2013, resulting in 34% fewer buyers than sellers and giving buyers more leverage amid rising inventory.
- High home prices, increased mortgage rates, and economic uncertainty have contributed to a 5.5% year-over-year decline in the buyer pool since July 2025, with buyers becoming more selective due to affordability challenges.
- Sellers outnumbered buyers by 51.3% in July, approaching a record high, and 39 of 49 major US metro areas were classified as buyer’s markets, particularly in Sun Belt cities like Miami, Nashville, Houston, San Antonio, and Austin where new homebuilding has increased supply.
- Only six US metro areas remained seller’s markets in July, led by Nassau County, New York, where fewer sellers than buyers exist due to limited new construction and proximity to major job centers, followed by Newark, NJ, and Providence, RI.
