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Housing Market

Over Half of Home Listings Have Been Lingering on the Market For More Than 2 Months

In dollar terms, there’s $347 billion worth of stale listings in the U.S.,  more than ever before for this time of year. That’s because there are hundreds of thousands more home sellers than buyers, leading to homes sitting on the market.  Stale inventory is most common in Florida, and least common in the Bay Area. […]

14% of Home-Sale Agreements Fell Through Last Month–A Record for February

House hunters have the upper hand, allowing them to abandon deals over price, repairs or second thoughts. Cancellations are most common in Tampa and San Antonio, where there are roughly twice as many sellers as buyers.  More than 42,000 U.S. home-sale agreements fell through in February, equal to 13.7% of homes that went under contract […]
Affordability

U.S. Home Prices Barely Budged in February

Home prices rose 0.1% month over month on a seasonally adjusted basis—the slowest growth in seven months. Prices fell in 16 major metros, with the biggest declines in Jacksonville, FL, Providence, RI and Columbus, OH. Prices rose most in Charlotte, NC, Portland, OR and West Palm Beach, FL. U.S. home prices were little changed from […]
Affordability

There Are 630,000 More Home Sellers Than Buyers—the Biggest Gap on Record

When sellers outnumber buyers, the buyers who are in the market have bargaining power. In other words, it’s a buyer’s market. The strongest buyer’s markets are in the South, while the strongest seller’s markets are in the Northeast. There were an estimated 46.3% more home sellers than buyers in the U.S. housing market in February […]
Luxury Market

February’s $30M+ Home Sales Cluster in Florida and NYC—Including Two in the Same Barrier Island Enclave

Florida and New York dominated February’s ultra-luxury housing market, with oceanfront estates and Central Park condos going for more than $50 million. A never-before-listed oceanfront estate in Manalapan, FL—an ultra-exclusive town on a small barrier island near Palm Beach—was the most expensive U.S. home sale of February 2026, pulling in over $68 million. Just up […]
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