U.S. home-sale prices fall 0.1% year over year, Redfin reports
RKT•The U.S. median home-sale price fell 0.1% year over year to $389,601 in the four weeks ended Oct. 25, 2026. Pending sales fell 1.8% week over week to a record low, while the average mortgage rate was 7.32%.
1. Prices and sales weaken
The median U.S. home-sale price fell 0.1% year over year to $389,601 for the four weeks ended Oct. 25, 2026, marking a second consecutive weekly decline and ending more than three years of increases. Pending home sales fell 1.8% week over week to their lowest level since records began in 2021.
2. Mortgage costs and listings
Median monthly mortgage payments reached $2,786, the second-highest level on record, while the weekly average mortgage rate was 7.32%. Active listings rose 0.3% week over week despite a 0.6% decline in new listings, giving buyers greater negotiating power.
