We’re seeing some shifts in the national housing landscape as U.S. active listings rose by about 6% year-over-year by late Q3 2026—the third consecutive month of faster annual growth. For buyers, that’s meant a touch more leverage at the negotiating table. Not long ago, the annual growth rate had slowed to just 2% in late Q2, a noticeable dip compared to the 17% surge seen this time last year. Despite these gains, national inventory at the close of Q3 remains just below pre-pandemic levels, with 1.16 million active listings—about 5% under the comparable 2019 figure. With mortgage rates and long-term yields at their highest in two years, demand has cooled somewhat, and the slower season is giving buyers more room to negotiate. If you’re curious about how supply stacks up closer to home, it’s worth comparing current active listings per 1,000 households to the 2018–2019 averages to gauge whether our local market is above or below pre-pandemic supply. Drawing on nearly four decades in real estate and my experience as both a builder and former home inspector, I always keep a close eye on how national trends translate here in Central Virginia, so clients can make informed decisions—whether they’re settling into city life or searching for that perfect country property.
Leave a Reply