AI Data Insight
The latest released US existing multi-family home sales for Q3 2026 dropped to 360,000 units, a further decline from the previous 370,000 units. The overall housing market is constrained by high mortgage rates approaching 7% and persistently high home prices, bringing market demand to a low not seen in over a year. Looking ahead, the lock-in effect and a wait-and-see attitude will keep the housing market consolidating at low levels in the short term.