AI Data Insight
According to the latest data, US single-family existing-home sales in July 2026 dropped to an annualized rate of 3.62 million units, further declining from the previous figure of 3.69 million units. Overall existing-home sales volume was also weak. The dual squeeze of high home prices and high mortgage rates has frozen buying interest, causing the market to continue oscillating and bottoming out in a pattern of "high prices and shrinking volume."