-1.7%
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Existing-home sales decreased by 1.7% in July 2026. Month over month sales increased in the Northeast, held steady in the West, and declined in the Midwest and South. Year over year sales rose in the Midwest and West, and were flat in the Northeast and South.
“Home sales have been remarkably stable, even amid the rising mortgage rate environment of the past few months,” said NAR Chief Economist Lawrence Yun. “Year-to-date sales are up 2.4% and there’s no doubt that the housing market would be thriving if average mortgage rates were to return near 6%.”
Yun continued, “Though the national data shows stabilization, there are notable local market variations. In smaller cities, and particularly in the Midwest, an annual household income of $60,000 would be sufficient to buy a median-priced home. Working with an agent who is a REALTOR® will help you better pinpoint what’s happening in your area.”
- Read the full news release.
- See the summary of Existing Home Sales Statisticspdf (PDF: 485 KB)
- View supplemental market datapdf (PDF: 135 KB)











