Home Delistings Surge as Sellers Hold Out for Higher Prices
Rocket Companies Inc., through its Redfin real estate brokerage, has reported a significant rise in U.S. home delistings, with nearly 85,000 sellers pulling their homes off the market in September-a 28% increase from the previous year and the highest level for that month in eight years. The trend, which has seen delistings rise steadily since spring 2024 and peaking at a 39% year-over-year increase in June 2025, reflects sellers' reluctance to accept lower prices amid tepid buyer demand and rising mortgage rates. Many homeowners, especially those who secured ultra-low mortgage rates between 2020 and 2022, are choosing to rent out their properties or wait for a more favorable market rather than sell at a loss. The report also highlights that about one in five delisted homes are eventually re-listed. Metro areas such as Virginia Beach, Washington, D.C., San Jose, Dallas, and Houston have seen the largest year-over-year increases in delistings, while Miami leads in the share of listings pulled off the market.
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. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251125265796) on November 25, 2025, and is solely responsible for the information contained therein.
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