Home Sellers Retreat from Market Changes as Affordability Peaks
Home Sellers Retreat in an Evolving Market
The real estate landscape is experiencing significant transformations as we approach the end of 2025, with home sellers notably stepping back, despite a remarkable peak in affordability metrics. According to the latest market analysis by Zillow, the housing market is undergoing seasonal cooling after an unexpectedly vibrant fall season.
Market Activity Dynamics
The recent report indicates a substantial decline in new listings, with a staggering 30% drop from October to November—marking the largest November decline in listings since at least 2018. This shift has brought listings back in line with seasonal averages, reflecting a broader trend among homeowners opting to hold off on selling during the winter months.
As Zillow's Senior Economist Kara Ng remarks,
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