Redfin: US new home listings hit 4-year high in August as supply climbs

• Redfin flagged a supply-driven shift in August 2026, with new U.S. listings up 2.6% m/m to a four-year high.
• Total active listings rose 3.9% m/m to 1.53 million, the highest level since 2020, lifting buyer leverage.
• Demand stayed soft: pending sales rose 0.1% m/m, closed sales fell 0.5% m/m to the lowest level in over a year.
• Affordability pressures persisted, with the median U.S. sale price up 2.2% y/y to USD 398,596; average 30-year mortgage rate 6.67%.
• Discounting remained widespread, with 59.5% of homes selling below original asking price; average sale-to-list ratio 96.4%.

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 09, 2026, and is solely responsible for the information contained therein.