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Withdrawn Listings: Delayed Home Sales or Shadow Inventory? Across the U.S., more would-be sellers are pulling their homes off the market. Withdrawals now make up 42.3% of new listings, the highest rate for any September on record. Are these homes gone for good—or just waiting for better conditions in 2026? In this week’s Compass Housing Market Update, Mike Simonsen, Chief Economist at Compass, breaks down what the surge in withdrawn listings means for future supply, home prices, and buyer opportunity. We’ll also look at new listings, inventory, and pending sales trends as the market transitions into fall. Topics Covered: Why are more sellers withdrawing their listings The difference between “shadow inventory” and delayed transactions What elevated withdrawal rates could mean for the 2026 supply The latest on inventory, home prices, and sales momentum Want weekly housing insights delivered to your inbox? Sign up for the Compass Intelligence email here → https://bit.ly/45XbBIx