September existing home sales dropped to the slowest pace on record since October 2010, but pending sales suggest strengthening demand.

Last week's new listings on BlueBid spiked 192.5% compared to September lows, and many of those sellers will transact in the coming months.

Just 2.5% of homes in the United States changed hands in the first 8 months of 2024. So yes, the housing market is stuck.