News Corporation, through its subsidiary Move, Inc., has released the latest Realtor.com® Monthly Housing Report analyzing the U.S. real estate market for November 2025. The report highlights two significant trends: a 37.9% year-over-year increase in delistings as more homeowners withdraw their properties from the market, and the emergence of "refuge markets" where buyers seek the last remaining pockets of affordability. Persistent affordability challenges are influencing both sellers' and buyers' decisions, with sellers more likely to pull listings that do not meet price expectations and buyers shifting focus to more affordable metros. The analysis suggests that as the market heads into 2026, gradual improvements in affordability and inventory consistency will be essential for a healthier housing landscape.