-5.5%
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Existing-home sales decreased by 5.5% in October 2026. Month over month sales decreased in the Midwest, South and West and held steady in the Northeast. Year over year sales declined in all four regions.
“Home buying is difficult when mortgage rates have climbed to their highest levels since 2000, aside from a single month in 2023. As a result, home sales fell to their lowest level since August 2010,” said NAR Chief Economist Lawrence Yun.
Yun continued, “Despite fewer transactions in October, the 88 million homeowners across the country are largely in a comfortable financial position due to sizable housing wealth accumulation. Based on the current underwhelming home sales pace at a time of consistent job growth, there could be sizable pent-up demand if mortgage rates decline.”
- Read the full news release.
- See the summary of Existing Home Sales Statisticspdf (PDF: 490 KB)
- View supplemental market datapdf (PDF: 136 KB)











