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The Independent UK
The Independent UK
National
Alex Veiga

Americans staying put: US home turnover rate at lowest level in decades as housing slump drags on

Home Sales - (Copyright 2025 The Associated Press. All rights reserved.)

The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn't been this low in nearly 30 years.

About 28 out of every 1,000 homes changed hands between January and September, the lowest U.S. home turnover rate going back to at least the 1990s, according to an analysis by Redfin.

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