10/12/2026
U.S. Housing Supply Reaches a Six-Year High
This year, we've seen U.S. housing supply reach its highest point in six years—a shift every buyer and seller should note. In mid-Q3, new listings rose about 3% month-over-month, hitting their highest mark in over four years. Total homes for sale climbed roughly 4%, the most we've seen since 2020. While buyer demand held steady—pending sales stayed flat, closed sales slipped about 1%, and prices hit a record—mortgage rates hovered near 7%. Many homeowners decided to list as rate lock-in eased and life transitions called for change, giving buyers more choices than we've seen in recent years. Around 60% of U.S. homes sold below the original asking price by mid-Q3, highlighting greater room for negotiation on price, repairs, or closing costs. For those able to purchase, the current market offers more flexibility, even with higher costs and level national demand. At the Real Estate Resource Center of South Georgia, we keep a close eye on these trends to help you navigate every shift with confidence.