Home delistings in October were up 45.5% year to date and up nearly 38% from October 2024, according to a new report from Realtor.com. The report calls it an “unusually high rate,” as this is now the highest delisting year since Realtor.com began tracking in 2022.
In addition, more potential buyers are heading to what Realtor.com calls “refuge markets,” areas where home prices are much more affordable and avoided the run-up in prices during the first years of the pandemic. CNBC’s Diana Olick explains.
