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Redfin says US pending home sales hit six-month low as demand cools
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Redfin says US pending home sales hit six-month low as demand cools
  • Redfin analysis showed US new listings rose 0.4% in the four weeks ended Aug. 23, the highest since April.
  • Pending home sales fell 1.1% week over week to a six-month low, signaling softer demand as housing costs stay elevated.
  • Median US sale price rose 1.9% year over year to USD 400,649; weekly average 30-year fixed mortgage rate was 6.65%.
  • Active listings increased 0.5% week over week to 1.5 million; months of supply edged up to 3.8, near balanced-market levels.
  • Redfin flagged a buyer’s-leaning market in many metros, citing rising inventory, slower sales, more room for concessions.


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 August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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