News Mortgage News Here’s Why For-Sale Signs May Stay Scarce Off the Charts: The Visual Says It All By Diccon Hyatt Diccon Hyatt Diccon Hyatt has written hundreds of articles about how public policy and the economy intersect with personal finance, tracking all the latest dynamics affecting your money. Before joining The Balance, he covered business and community news for 17 years, including Princeton, New Jersey's high-tech Route 1 Corridor. learn about our editorial policies Published on October 25, 2021 Fact checked by Rebecca McClay Fact checked by Rebecca McClay Rebecca McClay is a financial content editor and writer specializing in personal finance and investing topics. For more than 15 years, she's produced money-related content for numerous publications such as TheStreet and MarketWatch, and financial services firms like TD Ameritrade and PNC Bank. She covers topics such as stock investing, budgeting, loans, and insurance, among others. learn about our editorial policies Photo: Sam Edwards/Getty Images If you’re a house hunter waiting for more options to come on the market, don’t hold your breath. More people are planning to buy homes than sell them over the next year, a poll shows. There was a growing gap between would-be buyers and sellers in September, with 15.8% planning to buy and just 12.5% planning to sell over the next 12 months, according to a Morning Consult poll released this week. Earlier in the year, the disparity between buyers and sellers had narrowed to something more balanced, but buyers have been pulling ahead ever since July, according to the intelligence company’s monthly survey of 2,200 U.S. adults. The shift in buying and selling intentions could help explain why the inventory of houses for sale dropped in September for the first time this year, according to the National Association of Realtors’ monthly report on home sales released this week. Low supply has been a hallmark of the pandemic’s unusual housing market, which has seen high demand for properties thanks to workplaces shifting to telecommuting. The ravenous appetite for homes, also fueled by near record-low mortgage rates, has led to rapidly rising prices, which, paradoxically, may be discouraging people from selling. “If you’re selling a home, you’re probably going to buy somewhere else,” said Kayla Bruun, economic analyst for Morning Consult. “One reason could be sellers are looking at housing prices, and they don’t really want to pay as much as they’d have to in order to move.” Have a question, comment, or story to share? You can reach Diccon at email@example.com. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. Morning Consult. “Spending Drifted Lower in September amid Widespread Supply Constraints.” Click on “October 21 U.S. Consumer Spending Report” to download report.