AI Data Insight
The latest non-seasonally adjusted monthly supply of existing homes in the US for Q3 2026 climbed to 4.9 months, a significant increase from the previous 4.6 months, reaching an over-a-decade high. Against the backdrop of persistently high mortgage rates and resilient home prices, buying interest is noticeably under pressure. The gradual accumulation of inventory indicates that the housing market is moving from a seller's market toward the traditional range of balanced supply and demand, and buyers' bargaining space is expected to expand.