Is It a Buyer’s or Seller’s Market?
Redfin News
by Jamie ForbesMarch 3, 2026
AI-Generated Deep Dive Summary
The U.S. housing market has shifted significantly, now favoring buyers rather than sellers for the first time in years. This change is driven by a surge in the number of sellers—now accounting for over 47% of participants—due to two years of rising mortgage rates and home prices. Despite this shift, affordability remains a major barrier, with most potential buyers unable to afford homes, leading to declining demand and slower sales. Both buyers and sellers are reducing their market activity, creating a unique dynamic where supply outpaces demand.
In a buyer’s market,
Verticals
real-estatedata
Originally published on Redfin News on 3/3/2026