Existing Home Sales During MARCH 2026
Existing Home Sales report for March, 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: 4,130,000
- Actual: 3,980,000
- Change from Previous Month: -3.63% (+150,000 homes)
- Year-on-Year (Y-o-Y): -1.0% (-40,000 homes)
- Inventory: 1,360,000 homes.
(4.1 months supply | +30,000 [+2.26%] 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: $408,800
- Price Change from A Year Ago: +1.41% (+$5,700)
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From Today's Report:
"...'March home sales remained sluggish and below last year’s pace,' said NAR Chief Economist Dr. Lawrence Yun. 'Lower consumer confidence and softer job growth continue to hold back buyers.'
'Inventory remains a major constraint on the market,' Yun said. 'The inventory-to-sales ratio, or supply-to-demand ratio, is below historical norms. An additional 300,000 to 500,000 homes for sale would help bring the market closer to normal conditions and allow consumers to make purchase decisions without feeling rushed.'
'Because inventory remains limited, the median home price rose to a new record high for the month of March,' Yun added. 'That price growth has helped the typical homeowner accumulate $128,100 in housing wealth over the past six years.'
'Mortgage rates have been rising, and that has led us to trim our home sales outlook for the year,' said Yun. 'Even with a more modest pace of sales growth, home prices continue to steadily increase due to minimal inventory growth.'..."
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