Existing Home Sales During AUGUST 2026
Existing Home Sales report for August, 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:
CHART: 15- & 30-Year
Mortgage Rates History, USA
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Previous Month: 4,060,000
- Actual: 3,980,000
- Change from Previous Month: -1.97% (-80,000 homes)
- Year-on-Year (Y-o-Y): -1.24% (-50,000 homes)
- Inventory: 1,620,000 homes.
(4.9 months supply | +90,000 [+5.88%] 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: $429,100
- Price Change from A Year Ago: +1.6% (+$6,700)
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From Today's Report:
"...'Mortgage rates and home sales move in opposite directions, so it's not surprising to see a mild dip in home buying activity due to high mortgage rates,' said NAR Chief Economist Dr. Lawrence Yun. 'Still, home prices are rising, and existing home sales are actually up 1.6% year-to-date through the first eight months of the year. Homebuying demand, despite higher interest rates, is no doubt being supported by rising wages, which grew 3.1% in August, along with 643,000 net new jobs added since the start of the year. Job creation and wage growth typically drive housing demand.'
Yun continued, 'The number of months it would take to exhaust the total inventory at the current sales pace has grown to 4.9 months’ supply -- its highest level in over ten years. The ample supply of homes for sale on the market is giving homebuyers better opportunities to negotiate..."
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Mortgage Rates History, USA
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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posted by Steve Brown | 9/11/2026 01:49:00 PM
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