Many buyers are waiting for mortgage rates to decline further before making a move in the market.

A “For Sale” sign in Washington, on May 19, 2025. Madalina Vasiliu/The Epoch Times
New listings of homes for sale jumped 2.3 percent year over year for the four weeks ending Oct. 5, real estate brokerage Redfin said in an Oct. 9 statement.
The 2.3 percent gain is the largest such annual increase in more than three months.