Homebuyers in 2025 secured historically large discounts off asking prices, according to new data from Redfin, reflecting one of the strongest buyer's markets in recent memory.
Homebuyers are backing out of purchase agreements at the fastest rate on record according to Redfin, underscoring the growing leverage buyers hold as high costs and swelling inventories reshape the housing market.
New listings of U.S. homes for sale fell 1.7% year-over-year in the four weeks ending December 7, 2025, marking the largest decline in more than two years, according to Redfin.
Nearly 85,000 U.S. homeowners withdrew their properties from the market in September--up 28% from a year earlier and the highest level for the month since 2017 -- according to a nationwide analysis of historical listing data compiled by Redfin.
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