The American housing market just hit a record nobody wanted. Home sellers now outnumber buyers by roughly 630,000, a 46.3% gap that represents the widest imbalance since Redfin began tracking the data in 2013.
As of February 2026, Redfin’s data shows approximately 1.99 million active sellers competing for the attention of just 1.36 million buyers. A year earlier, th…
