AI Data Insight
The latest data reveals that the US Q3 2026 existing home sales inventory dropped to 1.54 million units, declining from the previous Q2 2026 value of 1.56 million units, indicating that housing market supply remains tight. With mortgage rates remaining stubbornly high, homeowners have a strong reluctance to sell, leading to a dual decline in existing home sales and inventory. It is expected that the housing market will continue to face affordability challenges in the short term.