via HousingWire
Existing home sales beat estimates, but don’t reflect recent higher rates
NAR showed sales up 1.5% month over month, but rates have rapidly increased in the last few weeks
Oct 13, 202600
5 articles
via HousingWire
NAR showed sales up 1.5% month over month, but rates have rapidly increased in the last few weeks
via HousingWire
Inventory rose to 1.62 million units and months of supply increased to 4.9 — the highest level in more than 10 years
via HousingWire
Home sales are near 4.2 million, with lock-in preventing about 870,000 sales in 2026 and only about 5.8% decaying annual...
via HousingWire
2026 demand data is positive, but Iran-driven energy costs, 15% tariffs, and Fed hawks could push mortgage rates above 6...
via HousingWire
Normalized mortgage spreads and steady rates may drive the first real year of home sales growth since 2021.