Existing Home Sales During JANUARY 2026
Existing Home Sales report for January, 2026 was released by The National Association of REALTORS® (NAR®) this morning:
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The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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From Today's Report:
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Previous Month: 4,270,000
- Actual: 3,910,000
- Change from Previous Month: -8.43% (-360,000 homes)
- Year-on-Year (Y-o-Y): -4.4% (-180,000 homes)
- Inventory: 1,220,000 homes.
(3.7 months supply | +40,000 [+3.39%] homes Y-o-Y.)
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The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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Median Price: $396,800
- Price Change from A Year Ago: +0.86% (+$3,400)
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From Today's Report:
"...'The decrease in sales is disappointing. The below-normal temperatures and above-normal precipitation this January make it harder than usual to assess the underlying driver of the decrease and determine if this month’s numbers are an aberration,' said NAR Chief Economist Dr. Lawrence Yun.
'Affordability conditions are improving, with NAR’s Housing Affordability Index showing that housing is the most affordable it’s been since March 2022. This is due to wage gains outpacing home price growth and mortgage rates being lower than a year ago. However, supply has not kept pace and remains quite low.'
'Due to low supply, the median home price reached a new high for the month of January,' Yun added. 'Homeowners are in a financially comfortable position as a result. Since January 2020, a typical homeowner would have accumulated $130,500 in housing wealth.'..."
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Labels: existing_home_sales, FedPrimeRate, FedPrimeRate.com, hard_data, homes, housing, Housing_Recession, Lawrence_Yun, NAR, preowned_homes, property, real_estate, REALTORS, used_homes, www.FedPrimeRate.com
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