Marketplace · Wednesday, September 23, 2026
The combination of high mortgage rates and slowing demand has led to a slowdown in home price growth, with a 2% yearly increase. Simultaneously, more homeowners are listing their properties, potentially due to seller fatigue or concern about future price drops.
“Those two data points mean some things are happening in the housing market. So demand for homes is down, which makes sense. Buyers aren't thrilled about buying when mortgages are this high. But something else, a little weirder, is happening too. We are also seeing more home owners deciding to list their homes.”
“Either the sellers are just tired of waiting because it's been so long that mortgage rates have been high, and if they're waiting for a better market, maybe they've realized that that better market isn't coming. Or they are getting nervous that prices might fall.”
“More sellers equals more supply. And you add in slowing demand, and home prices have slowed down, rising just 2% yearly, which is slower than overall inflation and slower than wage growth.”