Home Sellers Are Finally Giving Up (Buyer Demand Is Collapsing)

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The housing market is changing, and home sellers are finally starting to give up. Buyer demand is weakening, affordability remains a major problem, and more sellers are being forced to confront a reality they have been avoiding: Just because you list your home at a certain price doesn't mean someone can afford to buy it.

In this housing market update, we break down what's happening with home buyer demand, home prices, housing inventory, and the growing pressure on sellers as we move toward 2027.

For years, the housing market has been supported by historically low inventory. But low inventory doesn't automatically mean strong demand. And when mortgage rates, insurance, property taxes, and home prices push monthly payments beyond what buyers can afford, something eventually has to give.

The biggest question facing the housing market isn't how many people want to sell their homes. It's who can actually afford to buy them.