Stagnant Summer Demand Forces One in Five US Home Sellers to Lower Asking Prices

By Snejana Farberov · Realtor.com · 2026-08-03

According to new data from Realtor.com, the share of residential listings receiving price cuts hit 20% in July as high borrowing costs chilled the summer selling season. While spring sellers largely priced homes realistically to avoid stagnation, the recent surge in 30-year fixed

According to new data from Realtor.com, the share of residential listings receiving price cuts hit 20% in July as high borrowing costs chilled the summer selling season. While spring sellers largely priced homes realistically to avoid stagnation, the recent surge in 30-year fixed