AI Data Insight
US existing home sales in Q3 2026 unexpectedly rebounded to 3.99 million units, outperforming the previous value of 3.98 million units and beating the market consensus expectation of 3.95 million units. Although existing home inventory increased to 1.6 million units and expanded buyers' bargaining space, the recently climbing mortgage rates and persistently high home prices continue to limit the overall housing market's recovery momentum.