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5.8% of U.S. Homes Delisted, Highest Since 2020

6/4/2026

50 3 Full Breakdown

Summary

Sellers Delist Homes

Sellers pulled 5.8% of U.S. home listings in April, matching December and the highest share since March 2020.
Delisting rates varied, with Atlanta at 10.7%, Pittsburgh at 3.5%, and other cities between 3.6% and 9.3%.
Analysts say higher mortgage rates, gasoline prices and weak consumer confidence cause sellers to withdraw homes and wait instead of cutting prices.

Summary

Homeowners Opt Renting

Owners locked into low-rate mortgages are opting to rent rather than list their homes.
Redfin says 2.5% of April homes were relisted, most in the Bay Area where the AI boom fuels demand.
Monica DiSchiano and Patricia Ammann report sellers accept lower prices while buyers offer below asking and speed inspections.
Mortgage rates rose after the war with Iran, pushing the 30-year fixed above the 5% level seen in February.

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Sellers Delist Homes

Sellers pulled 5.8% of U.S. home listings in April, matching December and the highest share since March 2020.
Delisting rates varied, with Atlanta at 10.7%, Pittsburgh at 3.5%, and other cities between 3.6% and 9.3%.
Analysts say higher mortgage rates, gasoline prices and weak consumer confidence cause sellers to withdraw homes and wait instead of cutting prices.

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