USA: Existing Home Sales Fall to 9-Month Low.

Existing home sales in the United States fell by 3.6% from the previous month to an annualized rate of 3.98 million in March of 2026, the lowest in nine months and missing market expectations of 4.06 million units. Inventory levels inched higher from the previous month to 1.36 million, equivalent to 4.1 months of supply at the latest sales rate, although both the level and sales ratio remain well below the historical average. Meanwhile, the median sales price of existing homes were 1.4% higher from the previous year at $408,800, the highest since November. According to NAR Chief Economist Dr. Lawrence Yun. “March home sales remained sluggish and below last year’s pace. Lower consumer confidence and softer job growth continue to hold back buyers. Because inventory remains limited, the median home price rose to a new record high for the month of March. That price growth has helped the typical homeowner accumulate $128,100 in housing wealth over the past six years.”