US home prices fall for third straight week, Redfin says
SPY•Median US home-sale prices fell 0.4% year over year to $388,604 for the four weeks ending Nov. 1, 2026. Pending sales fell to a record low in data dating to 2021, while active listings rose 2.1% year over year.
1. Prices and sales decline
Median US home-sale prices fell 0.4% year over year to $388,604 for the four weeks ending Nov. 1, 2026, marking a third consecutive weekly decline. Median monthly mortgage payments eased to $2,777, a five-week low. Pending sales dropped 0.6% week over week to 275,484, the lowest level in records dating to 2021.
2. Listings shift
New listings fell 1.5% from the previous week to 346,795, their lowest level since January. Active listings rose 2.1% year over year, giving buyers more choices and greater room to negotiate prices or concessions.
