Redfin says US new home listings hit four-year high as buyer demand stays flat

• Redfin flagged a sharp rise in housing supply, with seasonally adjusted new listings up 2.1% week over week to a four-year high.
• Active listings rose 0.4% week over week, while pending sales slipped 0.1% to the lowest level since February.
• Median U.S. sale price increased 2.2% year over year to USD 398,632; weekly average 30-year fixed mortgage rate held near 6.66%.
• Pricing power showed strain, with the median asking price down 0.1% year over year to USD 392,828; 20.9% of listings had price drops.
• Market remained uneven, with 25.9% of homes selling above list; months of supply rose to 4 from 3.7.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redfin Corporation published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.