US Housing Market Shifts Toward Buyers, Realtor.com Report Shows

• Realtor.com's October 19, 2026, Market Clock report showed about two-thirds of US metros favoring buyers or moving toward them.
• The national reading shifted to 4 o'clock from 3 o'clock last quarter, signaling a balanced market loosening toward buyers.
• Mortgage rates rose 74 basis points, from 6.66% in late August to 7.4% on October 8, reducing affordability.
• A $2,000 monthly principal-and-interest budget now buys 7.2% less home, a purchasing-power loss exceeding $22,000.
• The South accounted for 14 of 17 buyer's markets; 16 of 18 Midwest metros remained in seller's territory.

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