09/23/2026
More Homes Hit the Market as Demand Cools
As we move through late August, the real estate landscape is shifting. Over the past four weeks, new listings in the U.S. increased by 0.4% and total homes for sale rose by 0.5%, reaching their highest levels since early spring. Yet, pending home sales dipped by 1.1% to a six-month low, reflecting how higher housing costs—especially with average mortgage rates hovering near 7%—are sidelining many buyers. The national median sale price is up 1.9% year-over-year, now above $400,000.
What does this mean for those navigating the Dallas–Fort Worth market? Increased inventory and a softer pace of demand are creating more opportunities for buyers, with greater negotiating power on price adjustments and concessions. Homes that have been on the market for several weeks may offer the best leverage, while sellers are finding that realistic pricing is more effective than chasing past peak numbers. As always, my goal is to provide you with the insights and guidance you need to move forward with confidence.