US Housing Market in September: Key Trends to Watch

The US housing market shows signs of slowing as home delistings were 12.6% lower than last year in August, with price cuts at 20.4% of active listings, matching 2025 levels. The Midwest and Northeast saw inventory growth of 10.5% and 9.1%, respectively, indicating softening markets. Rising mortgage rates, now at 6.67%, may further reduce buyer demand. September will reveal if this slowdown is seasonal or a broader trend.