AI Data Insight
The month-over-month growth rate of U.S. existing home sales in August 2026 dropped to -2.0%, extending the previous month's -1.7% decline, as overall annualized sales fell below the 4 million unit mark. Although pending inventory climbed to a near-decade high, under the dual pressure of high home prices and high interest rates, buyers adopted a heavy wait-and-see approach, and housing market momentum remains under pressure in the short term.