1042 ET - There were an estimated 47.1% more home sellers than buyers in the U.S. housing market in December, Redfin says, or 631,535 more in numerical terms. It's up 7.1 percentage points from a month earlier and up 22.2 percentage points from a year earlier. When sellers outnumber buyers, buyers typically hold the negotiating power because they have a lot of options to choose from. But high housing costs and economic uncertainty have caused many house hunters to retreat, creating an imbalance of buyers and sellers. Nationally, home prices rose 0.1%--the slowest growth since June 2023. The number of homebuyers in the market dropped 5.9% month-over-month in December to an estimated 1.34 million. Sellers have also been retreating, but not as quickly. The number of sellers in the market fell 1.1% month-over-month to an estimated 1.97 million. (chris.wack@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 10:43 ET (15:43 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.