AI Data Insight
The latest data shows that seasonally adjusted multi-family existing home sales in the US fell to 350,000 units in August 2026, continuing to decline from the previous value of 360,000 units and hitting another recent low. Under the dual pressure of mortgage rates approaching 7% and persistently high home prices, the overall existing home sales market is performing weakly. Analysis indicates that high borrowing costs are forcing potential buyers to pivot to the rental market, and multi-family housing demand is expected to remain in low-level consolidation in the short term.