US Homesellers Pull Listings Off Market as Interest Fades (1)

Homesellers in the US are yanking listings off the market, as the nation’s real estate sector stagnates.

Nearly 85,000 sellers removed their properties in September, the highest number for that month in eight years, according to Redfin. The number of stale listings — those sitting on the market for 60 days or more — jumped to the highest level for any September since 2019.

The housing market is weakening as economic uncertainty and affordability concerns keep buyers on the sidelines, even as available listings grow. That’s causing many Americans to stay in their current homes, rather than settle for ...