National Association of REALTORS Existing-Home Sales Report Shows 1.7% Decrease in July 2026 Month-Over-Month and a 0.7% Increase Year-Over-Year

Existing-home sales fell 1.7% month-over-month but rose 0.7% year-over-year to 4.06 million. Inventory decreased slightly to 1.54 million units, maintaining a 4.6-month supply. The median home price increased 2.0% to $434,100, marking 37 months of price growth. Housing affordability improved across all regions. Mortgage rates averaged 6.54% in July. Sales varied regionally, with the Northeast up 2.0% monthly and the South down 3.1%.