US Housing: Record Seller-Buyer Gap as Demand Hits All-Time Low
Redfin data shows 62.6% more home sellers than buyers in September — the widest gap since records began in 2013 — with homebuyer demand at an all-time low across 41 of the 50 largest US metros.
What we know
An account on X reports Redfin data showing 1.51 million active sellers versus just 929,000 buyers in September — the widest gap since the data series began in 2013. A record 41 of the 50 largest metros are seeing record supply surpluses. This backdrop of demand collapse is occurring alongside CPI data indicating still-elevated inflation and the ECB's Simkus flagging that more tightening may be needed, putting affordability pressure on both sides of the Atlantic. Bond strategists note that yields at their highest since 2002 historically predict strong 7-year forward returns, suggesting the current bearish consensus on bonds may be an opportunity.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.