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New Listings Fall 1.3%, One of the Biggest Weekly Declines of 2026

$RKTPress releaseJun 4, 2026, 8:00 AM ETRead the release

Redfin reported that new U.S. home listings fell 1.3% week-over-week, marking one of the largest weekly declines of 2026. The decline is attributed to high mortgage rates, which rose to a 6.53% weekly average, and slowing buyer demand amid economic jitters.

Key figures

Months of supply
3.5
Median sale price
$398,854
Median days on market
39
Median sale price yoy
2.3%
Avg sale to list ratio
99%
Median monthly payment
$2,623
New listings wow change
-1.3%
Mortgage rate weekly avg
6.53%
Pending sales wow change
-0.2%
Share listings price drops
19%
Share homes off market 2wks
38.5%
Share homes sold above list
28%

AI analysis

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.