• U.S. active housing inventory rose 7.4% year over year to 1,183,500 homes in October 2026 despite fewer new listings.
• Homes under contract fell 10.5% year over year as 30-year mortgage rates averaged 7.33%, pressuring buyers' purchasing power.
• New listings dropped 7.5% year over year to 357,000, the steepest annual decline of the year.
• The national median listing price fell 2.2% year over year to $415,000, marking the 12th consecutive annual decline.
• Sellers largely stayed on the market, with a 4.4% delisting rate; price cuts affected 20.5% of active listings.

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. News Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA88115) on November 04, 2026, and is solely responsible for the information contained therein.