AI Data Insight
According to the latest data, the seasonally adjusted sales volume of US multi-family existing homes in the third quarter of 2026 slightly rebounded to 370,000 units, a marginal recovery from the previous figure of 360,000 units. However, constrained by mortgage rates approaching 6.9% and stubbornly high home prices, overall housing market demand remains sluggish, putting immense pressure on first-time homebuyers. Although inventory is expected to rise gradually in the coming months, affordability remains the biggest obstacle to housing market recovery.