Existing home sales in the United States fell by 1.7% from the previous month to a seasonally adjusted, annualized rate of 4.06 units in July of 2026, relatively close to market expectations of 4.06 million. “Home sales have been remarkably stable, even amid the rising mortgage rate environment of the past few months,” said NAR Chief Economist Lawrence Yun. “Year-to-date sales are up 2.4% and there’s no doubt that the housing market would be thriving if average mortgage rates were to return near 6%.”