Active Listings of Starter Homes Jumps in October -- Market Talk

Dow Jones12-04 23:15

1015 ET - Starter-home sales jumped 4.9% year over year in October, Redfin says, as buyers benefited from more choices and modest price growth. Mid-priced and high-priced home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines. Starter-home sales have been on an upward trend for more than a year, as buyers shift their focus to the most affordable homes available. Conditions for starter homes are improving, with more listings and steadier prices, but many buyers are only turning to this tier because they have been priced out of higher tiers. Mortgage rates staying below 6.5% over the past few months is also helping to fuel the uptick in sales across all tiers. The increase in starter-home sales is not causing prices to spike. (chris.wack@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 10:15 ET (15:15 GMT)

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