BREAKING: The number of active home sellers in the US rose +1.2% MoM in September, or +17,276, to 1,510,784, the highest since March 2020.
At the same time, the number of active homebuyers fell -2.4%, or -23,161, to 928,892, the lowest on record.
This lifts the gap between active sellers and homebuyers to a record 581,892.
As a result, there were +62.6% more home sellers than buyers last month, the largest difference on record.
This percentage has more than doubled since November 2024.
By comparison, the 2021 low was -35.7%, when buyers outnumbered sellers by 633,854.
Hundreds of thousands of homebuyers have been priced-out.
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