Story perspectives

Home sellers slash prices as active buyers hit 2013 low

By Drooid · Oct 26, 2026, 2:56 AM UTC · How we work

Summary

Story summary

Homeowners are lowering asking prices and adding buyer concessions as the market stalls.
In September, 21% of listings had initial prices cut, a four-year high.
Sellers outnumbered buyers by roughly 63% in the 50 largest U.S. metros.
Active buyers fell to about 929,000, the fewest since 2013.
The national median home listing price dropped 1.2% to $419,250, marking an 11-month decline.

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Story summary

Homeowners are lowering asking prices and adding buyer concessions as the market stalls.
In September, 21% of listings had initial prices cut, a four-year high.
Sellers outnumbered buyers by roughly 63% in the 50 largest U.S. metros.
Active buyers fell to about 929,000, the fewest since 2013.
The national median home listing price dropped 1.2% to $419,250, marking an 11-month decline.