Redfin Says U.S. Home Sellers Outnumber Buyers by 44% in January

Reuters02-23 21:01

Redfin Says U.S. Home Sellers Outnumber Buyers by 44% in January

A Rocket Companies-backed Redfin report found the U.S. housing market was a buyer’s market in January, with an estimated 44% more home sellers than buyers—about 600,000 more sellers—marking the second-largest gap since 2013. The number of buyers fell to a record low 1.36 million, pressured by high home prices, elevated mortgage rates and broader economic uncertainty, while sellers also pulled back slightly. Among major metros, Newark, N.J. was the strongest seller’s market, while Miami led buyer’s markets with sellers outnumbering buyers by 159%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260223354332) on February 23, 2026, and is solely responsible for the information contained therein.

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