U.S. sellers outnumber buyers by 57.9% in record Redfin imbalance
AI Summary- Redfin recorded the U.S. housing market’s widest seller-buyer imbalance in August.
- 57.9% more sellers than buyers were counted, up from 52.1% in July.
- Existing-home sales fell 2% to a 3.98 million annual pace in August.