According to a new release from the National Association of Realtors (NAR), existing home sales saw a slight increase of 1.5% month-over-month in September. Regionally, the West and the South both reported a 2.8% month-over-month increase, while the Midwest remained relatively unchanged and the Northeast decreased 2.1% month-over-month. The median existing home price was $417,500. However, all sales still sit at a 2.2% year-over-year decline. “Despite the small monthly gain on a seasonally adjusted basis, August and September marked the two slowest months for home sales this year,” said NAR…
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California home sales rebound forecasted for 2027
California’s housing market is expected to bounce back according to a new forecast from the CALIFORNIA ASSOCIATION OF REALTORS(C.A.R.). The association expects that sales of existing single-family homes will increase 3.7%. Contractors and remodelers can expect faster turnover of older homes and increased demand for upgrades. The median home price is also expected to grow, up 1.4% to $894,400. With California in particular facing tight supply, the demand supports the continued home price elevation from $875,600 in 2025. “We’ll start to see market conditions move in a more positive direction for…
Read MoreExisting home sales 1.2% lower than last year
On a year-over-year basis, existing home sales saw a slight decrease, only 1.2% lower than in 2025. However, on a month-over-month basis, existing home sales fell for the third consecutive month as a result of both elevated home prices and mortgage rates. Homes stayed on the market for a median of 31 days in August 2026, up from 29 days in the previous month but unchanged from August 2025. Last month, existing home sales decreased across the four major regions: Sales in the Northeast decreased 4.0%, in the Midwest 3.1%…
Read MoreExisting home sales see slight dip in August
According to the National Association of REALTORS (NAR) Existing-Home Sales report, existing-home sales in August 2026 decreased by 2.0% month-over-month and 1.2% year-over-year. “Mortgage rates and home sales move in opposite directions, so it’s not surprising to see a mild dip in home buying activity due to high mortgage rates,” said NAR Chief Economist Lawrence Yun. “Still, home prices are rising and existing home sales are actually up 1.6% year-to-date through the first eight months of the year. Homebuying demand, despite higher interest rates, is no doubt being supported by…
Read MoreExisting home sales 0.7% higher than last year
According to the National Association of Realtors, on a year-over-year basis, existing home sales were 0.7% higher than last year. However, total existing home sales, including single-family homes, townhomes, condominiums and co-ops, fell 1.7% to a seasonally adjusted annual rate of 4.06 million in July 2026. The July median sales price of all existing homes was $434,100, up 2.0% from last year. This marks the 37th consecutive month of year-over-year increases. Existing home sales in July were mixed across the four major regions: Sales fell in the South and Midwest,…
Read MoreExisting home sales rise in metro markets
According to the National Association of REALTORS’ latest quarterly report, home prices rose in 80% of metro markets during the second quarter of 2026. The report also showed the national median single-family existing-home price rose 1.5% year-over-year to $434,900, up from 0.5% annual growth in the first quarter. “Home sales increased despite mortgage rates rising. This testifies to the potential housing demand building up from steady job and income gains,” said NAR Chief Economist Dr. Lawrence Yun. “Sales rose in three of the four major regions, with the South leading…
Read MorePending home sales soften in June
According to the National Association of REALTORS® Pending Home Sales report, pending home sales in June decreased by 5.4% month-over-month and 0.3% year-over-year. However, at the local level, several markets posted notable year-over-year gains in pending home sales. Among the 50 largest metro areas, 10 markets posted large annual increases in pending home sales. The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. NAR Chief Economist Lawrence Yun said that elevated mortgage rates and home prices are driving factors…
Read MoreExisting-home sales slow in June
The National Association of REALTORS (NAR) Existing-Home Sales report was released on July 9, 2026. According to the report, existing-home sales slowed in June, decreasing by 2.4% month-over-month and increasing 2.8% year-over-year. “The back-and-forth in monthly home sales activity, driven by mild fluctuations in mortgage rates, shows how sensitive home buyers are to affordability conditions,” said NAR Chief Economist Lawrence Yun. “However, job gains, more than half a million since the beginning of the year, will continue to provide support for the housing market.” In June, Month-over-month existing-home sales increased…
Read MoreExisting-home sales expected to total 4.10 million
According to Realtor.com’s 2026 Housing Forecast Midyear Update, existing-home sales are expected to total 4.10 million as year-over-year growth improves in the second half of the year. Existing-home sales steadied in April before climbing in May. Year-to-date, existing-home sales are currently just 0.2% ahead of their prior year pace. The report expects growth to pick up in the second half of 2026, though by less than originally forecasted. As a result, existing-home sales are expected to grow 1.0% to an annual total of 4.10 million. The May existing-home sales data…
Read MoreExisting home sales rise to a 5-month high
According to the S&P Cotality Case-Shiller Home Price Index, existing home sales rose 3.2% in May to a five-month high of 4.17 million. The spring selling season initially started slowly before gaining traction towards the end. Chicago continued to lead in existing home sales, followed by New York City and Cleveland. Meanwhile, pending home sales climbed 3.8% with a 4.8% year-over-year gain. Looking ahead, mortgage rates have hovered near 6.5% for six consecutive weeks, pushed higher by renewed inflation concerns and elevated energy prices. At the same time, listing prices…
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