Latest real estate news and analysis tagged with housing demand on realestatenews.news.
Redfin data shows an estimated 967,000 buyers in July—the fewest on record—while sellers outnumber them by more than 51%, pushing nearly 80% of major metros into buyer's-market territory.
More than 200,000 people transferred out-of-state driver's licenses to Florida in the first half of 2026, the strongest first-half showing since 2023, with New York leading the way and Miami-Dade absorbing the largest share of arrivals.
Generation Alpha is roughly 2 million people smaller than Gen Z at comparable ages, and rising costs are already pushing young adults to delay forming households — a combination that could fundamentally alter demand for starter homes, rentals and multigenerational living.
Pending home sales have dropped to their lowest level since April, with the daily average mortgage rate climbing to 6.85%. Yet buyers still hold negotiating power as sellers continue to outnumber active purchasers across most of the country.
Redfin data shows a sharp year-over-year decline in Canadian searches for U.S. homes in June, with Sun Belt metros hit hardest and cumulative two-year losses now approaching 40%.
A surge in mortgage rates to their highest level since last July has interrupted several weeks of improving homebuying demand, pushing pending sales lower and cooling purchase applications.
