Insight
The number of delistings has increased, with the highest level in eight years, because sellers are not getting the prices they want.
The “Delisting” Wave Putting Years of Housing Market Gains at Risk
Summary
The housing market is seeing a rise in delistings, meaning sellers are pulling their homes off the market. This, combined with slower home price growth, indicates a buyer's market. Hosts should be aware that buyers may have more negotiating power and consider adjusting listing prices and strategies accordingly.
Key takeaway