AI Data Insight
The US homeowner vacancy rate in the first quarter of 2026 fell slightly to 1.1% from the previous 1.2%, indicating that the extremely constrained supply side of the housing market remains unchanged. In a high-interest-rate environment, the "lock-in effect" on homeowners continues to exert its power, resulting in a shortage of properties for sale. The key to breaking the housing market deadlock in the future will depend on the delivery progress of new construction projects and the direction of the Federal Reserve's interest rate policy.