Housing Market Favors Buyers, But Their Advantage is Shrinking -- Market Talk

Dow Jones05-12

1016 ET - The negotiating power held by buyers may be past its peak, according to Redfin. There were an estimated 46.5% more home sellers than buyers in the U.S. housing market in April, down from 47.5% the month before. When sellers outnumber buyers, buyers typically hold more negotiating power because they have options. High housing costs and economic uncertainty have caused many house hunters to retreat, creating the current imbalance of buyers and sellers, according to Redfin. Homebuyer demand has been dwindling for months, but ticked up in April thanks to a strengthening job market and declining recession risk, Redfin says. If the number of buyers continues to grow, more homeowners may see it as an opportunity to list their homes. There were an estimated 1 million homebuyers in the market in April and an estimated 1.5 million sellers in the market, Redfin says. (chris.wack@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 10:16 ET (14:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment