AI Data Insight
The average price of actual homes sold in the US in the third quarter of 2026 dropped to $494,400, a decline from $502,000 in the previous quarter, hitting a recent low. Constrained by mortgage rates climbing above 7%, builders have significantly expanded their concessions to stimulate buying interest. Looking ahead, although the market is gradually shifting towards buyers, overall transaction volume still faces the risk of shrinking in the short term under the pressure of high borrowing costs.