Are the Scales Tipping Toward Buyers? Reports Say Maybe

In the post-COVID housing market, seller concessions are rising as pent-up demand grows and the lock-in effect weakens. In August, 44.7% of buyers received concessions, the highest since 2020. Delistings fell 12.6% year-over-year. About 15.8% of sales involved both price drops and concessions. The Sun Belt leads, with eight of the top 10 metros having over 50% of sales with concessions, led by Atlanta at 72.8%.