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Interest from prospective homebuyers was higher this spring than in 2025, even as home sales remained subdued, suggesting significant pent-up demand in the U.S. housing market, according to a new Zillow analysis.
The number of “engaged shoppers,” or users who saved or shared a for-sale listing on Zillow, rose 21.4 percent from a year earlier during the second quarter of 2026, the online real estate brokerage said on Thursday.
That amounted to an average of 4.8 engaged shoppers for every home listed for sale nationwide, according to Zillow.
Actual home sales, however, increased by just 4.5 percent over the same period.
Zillow said the gap points to buyers who are seriously interested in purchasing but remain constrained by high borrowing costs and affordability concerns….
The number of “engaged shoppers,” or users who saved or shared a for-sale listing on Zillow, rose 21.4 percent from a year earlier during the second quarter of 2026, the online real estate brokerage said on Thursday.
That amounted to an average of 4.8 engaged shoppers for every home listed for sale nationwide, according to Zillow.
Actual home sales, however, increased by just 4.5 percent over the same period.
Zillow said the gap points to buyers who are seriously interested in purchasing but remain constrained by high borrowing costs and affordability concerns….
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