Price Cuts Reach Yearly High as Inventory Nears Pre-Pandemic Levels: Realtor.com® September Housing Report

Price Cuts Reach Yearly High as Inventory Nears Pre-Pandemic Levels: Realtor.com® September Housing Report

/PRNewswire/ -- Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a...

Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

Home sellers are finally giving buyers some ground. The problem is mortgage rates are taking it right back.More than one in five homes listed for sale — 20.8% — had a price reduction in September, the highest share in nearly four years, according to Realtor.com's latest Monthly Housing Trends Report. Inventory climbed 5.4% from a year earlier to roughly 1.16 million active listings, leaving the market just 9.1% below pre-pandemic inventory level…

Price Cuts Reach Yearly High as Inventory Nears Pre-Pandemic Levels - The MortgagePoint

Higher mortgage rates are reshaping the fall housing market and pushing more sellers to cut prices while fewer buyers move forward with a purchase, according to the Realtor.com September 2026 Monthly Housing Trends Report. Higher mortgage rates are reshaping the fall housing market and pushing more sellers to cut prices while fewer buyers move forward with a purchase, according to the Realtor.com September 2026 Monthly Housing Trends Report.