US home sellers are pulling listings at the fastest pace in years. More US families are renting homes because it’s much cheaper.

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Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market.

Close to 85,000 U.S. sellers took their homes off the market in September, up 28% from September 2024 and the highest level for that month in eight years, according to Redfin.

Sellers are delisting because so many listings are going stale, sitting on the market longer and longer. Redfin reported that 70% of listings in September were on the market for 60 days or longer.

Homeowners are seeing prices weaken significantly and would rather wait than accept a low offer. Prices in September were 1.3% higher year over year, down from a 1.4% rise in August, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index.

MORE:
https://www.cnbc.com/2025/11/25/home-sellers-delisting-redfin.html

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