U.S. Housing Market Shows Record Imbalance: 630,000 More Sellers Than Buyers
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The US housing market has a record imbalance of 630,000 more sellers than buyers, giving buyers significant negotiating power. The strongest buyer's markets are concentrated in the Sun Belt, with Miami leading the way, while the Northeast remains a seller-friendly region.
The US housing market is experiencing a record imbalance, with 46% more home sellers than buyers in February 2026. This translates to approximately 629,808 more homes on the market than buyers seeking them. The number of homebuyers declined 2.4% month-over-month, while sellers fell only 0.4%. The strongest buyer's markets are in the Sun Belt, with Miami, Nashville, and Austin leading the way. In contrast, the Northeast remains a seller-friendly region, with cities like Newark and Milwaukee having fewer sellers than buyers. This imbalance gives buyers significant negotiating power, particularly in areas with excess inventory.
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