Housing Market Shake-Up: Sellers Outpace Buyers by Record 519,000 in July
In a dramatic turn for the U.S. housing market, sellers surged ahead of buyers by 519,000 in July 2025, the largest gap since records began in 2013, according to new data from Redfin.
The widening imbalance highlights the cooling effect of 7% mortgage rates and a median home price of $434,189, a combination that has discouraged many would-be buyers from entering the market.
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