US Home Asking Prices Fall 0.3%, First Annual Decline Since March, Redfin Reports

By Public Technologies
  • Rocket-powered Redfin’s Oct. 15, 2026 report showed U.S. asking prices fell 0.3% year over year, the first decline since March.
  • Median sale prices rose 0.5% to $391,116 in the four weeks ended Oct. 11, the slowest growth since March.
  • Pending home sales fell 12.7% year over year, remaining near record lows despite a 1.5% weekly increase.
  • Weekly mortgage rates reached a three-year high of 7.4% on Oct. 8; typical monthly payments totaled $2,777, near record highs.
  • Price cuts reached a record 22% of active listings, while housing supply increased 2% year over year.


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