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US newly pending home listings fall 16.8% in October, largest annual drop since 2023, Zillow says

By Public Technologies
  • Zillow's October 2026 Market Report showed newly pending U.S. home listings fell 16.8% annually, the steepest decline since August 2023.
  • Existing home sales dropped 8.7% year over year to 304,105.
  • Mortgage rates averaged 7.33%, up from 6.86% in September.
  • The typical monthly mortgage payment rose 12.8% annually to $2,004, assuming 20% down, excluding taxes and insurance.
  • Annual rent growth accelerated to 2.9%, its strongest pace in 19 months.


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. Zillow Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF89713) on November 05, 2026, and is solely responsible for the information contained therein.

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