New Home Listings Rise to 4-Year High in August -- Market Talk

1022 ET - New listings of homes for sale rose 2.6% month over month to their highest level in over four years in August, according to Redfin. The surge in fresh supply was driven by San Jose, where listings rose 25.5% year over year, Nashville at 15.8% and Seattle, 13.7%. More homeowners are listing as the mortgage-rate lock-in effect fades, life circumstances prompt moves and sellers adjust to a slower market. The jump in listings is contributing to a widening pool of overall supply. The total number of homes for sale rose 3.9% from a month earlier to its highest level since 2020. Pending home sales were flat from a month earlier. Closed home sales, a more lagging indicator of demand, fell 0.5% to their lowest level in over a year. (chris.wack@wsj.com)

(END) Dow Jones Newswires

September 09, 2026 10:22 ET (14:22 GMT)