【Zillow】Newly Pending Listings Fell 17% In October, The Biggest Year Over Year Drop Since 2023 (Zillow October 2026 Market Report)

• Zillow’s preliminary measure of existing home sales fell 8.7% year over year in October. Newly pending listings — a leading indicator of next month’s closed sales — fell 16.8% year over year, the biggest decrease since August 2023. 
• The typical mortgage payment in October was 12.8% higher than a year ago, according to Zillow’s estimates. 
• The Zillow Observed Rent Index rose 2.9% year over year in October as the rental market continues to strengthen. 

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