AI Data Insight
The latest Q3 2026 data shows that the US non-seasonally adjusted monthly supply of existing homes slightly receded to 4.8 months from the previous 4.9 months. Despite the slight decline, overall inventory levels have approached pre-pandemic highs; in an environment where mortgage rates have soared above 7%, buyer affordability is constrained, serving as the core factor prolonging the time existing homes remain on the market.