US home prices fall for third straight week, Redfin reports
SPY•US median home-sale prices fell 0.4% year over year to $388,604 in the four weeks ended Nov. 1, 2026, while pending sales dropped 16.4% to 275,484.
1. Prices and sales decline
US home-sale prices fell for a third straight week in the four weeks ended Nov. 1, 2026, as reported by Rocket’s Redfin. Median monthly mortgage payments eased to $2,777, a five-week low, while pending sales fell 16.4% year over year to 275,484, the lowest level in records dating to 2021.
2. Listings and leverage
Active listings rose 2.1% year over year, giving buyers more negotiating leverage even as new listings reached their lowest level since January.
