The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers' Favor

The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers' Favor

* Redfin reports sellers outnumbered buyers by 51% in July—just shy of December's record high—giving buyers more negotiating power * Nearly 80% of major U.S. metros are now buyer's markets, led by Miami, Nashville and a trio of Texas cities SEATTLE, Aug. 13, 2026 /PRNewswire/ -- There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December's peak of 51.8% and up from 47.9% the month before. That's according to a new report from Redfin , the real estate brokerage powered by Rocket.