AI Data Insight
The newly released US 2026 Q2 (June) existing home sales inventory climbed to 1.56 million units, a slight increase from 1.55 million units in the previous month. Meanwhile, June existing home sales fell to an annualized rate of 4.09 million units, missing market expectations. This reflects that mortgage rates approaching 6.5% and record-high home prices are continuing to erode buyer affordability. Moving forward, housing market supply and demand will continue to face a tug-of-war between inflation trends and interest rate fluctuations.