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● LIVE Updated 45m ago · 13 sources tracked

Sales of Existing Single-Family Homes Scrape along Bottom of 4-Year Dumpster, Supply at 11-Year High. Condo Sales at Record Low, Supply at Record High

Existing-home sales increased 1.5% in September 2026, though the National Association of Realtors reports a year-over-year decline of 1.9% to a seasonally adjusted annual rate of 3.64 million sales. Month-over-month growth occurred in the South and West, while the Northeast saw declines and the Midwest remained steady. Despite the monthly uptick, sales remain near year-to-date lows as high mortgage rates and rising prices pressure buyers. Single-family home supply has reached an 11-year high, while condo sales have hit a record low alongside record-high supply.

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⚡ Key Developments & Real-Time Context
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  • ✓ Existing-home sales increased 1.5% in September 2026.
  • ✓ Year-over-year sales fell by 1.9% in September to a seasonally adjusted annual rate of 3.64 million.
  • ✓ Month-over-month sales rose in the South and West, held steady in the Midwest, and declined in the Northeast.
  • ✓ Year-over-year sales declined across all four U.S. regions.
🛡️ Source Corroboration: 13 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

September data shows a 1.5% monthly increase in existing-home sales despite a continued year-over-year decline.

Live updates

  1. Existing Home Sales Rise 1.5% in September Amid High Mortgage Rates

    Existing-home sales increased 1.5% in September 2026, though the National Association of Realtors reports a year-over-year decline of 1.9% to a seasonally adjusted annual rate of 3.64 million sales. Month-over-month growth occurred in the South and West, while the Northeast saw declines and the Midwest remained steady. Despite the monthly uptick, sales remain near year-to-date lows as high mortgage rates and rising prices pressure buyers. Single-family home supply has reached an 11-year high, while condo sales have hit a record low alongside record-high supply.

    Why it matters

    Persistent borrowing costs have kept home sales stagnant since December 2022. This period of inactivity reflects a broader affordability crisis, though the impact varies by market based on local price trends and hourly earnings.

    What is confirmed

    • Existing-home sales increased 1.5% in September 2026.
    • Year-over-year sales fell by 1.9% in September to a seasonally adjusted annual rate of 3.64 million.
    • Month-over-month sales rose in the South and West, held steady in the Midwest, and declined in the Northeast.
    • Year-over-year sales declined across all four U.S. regions.
    • Higher mortgage rates have kept home sales near year-to-date lows.

    Still unconfirmed

    • Condo sales are at a record low while condo supply is at a record high.

    What to watch next

    • Future mortgage rate adjustments by the Federal Reserve
    • Quarterly NAR reports on regional affordability shifts
    Sources used for this update (14)
    1. Yahoo Finance — Higher mortgage rates keep home sales stuck around year-to-date lows
    2. National Association of REALTORS® — Existing-Home Sales Increased 1.5% in September, According to NAR Report
    3. KITCO — Gold price holding steady as U.S. existing home sales rise 1.5%
    4. Semafor — US house sales drop to 12 year lows as borrowing costs spike
    5. Wolf Street — Sales of Existing Single-Family Homes Scrape along Bottom of 4-Year Dumpster, Supply at 11-Year High. Condo Sales at Record Low, Supply at Record High
    6. wolfstreet.com — Sales of Existing Single-Family Homes Scrape along Bottom of ...
    7. Yahoo Finance — September Existing Home Sales Rise Despite Elevated Mortgage Rates, NAR Data Show
    8. AP News — US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose
    9. New Jersey 101.5 — The NJ housing market is changing, and sellers may not like what's next
    10. help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
    11. www.nbcnews.com — California residents are waking up to their homes sliding into the ocean. And the worst is yet to come.
    12. www.europesays.com — Sales of Existing Single-Family Homes Scrape along Bottom of ...
    confidence 90%
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