Sales of existing homes climbed 1.5% in September to an annualized rate of 3.99 million units, surpassing the 3.95 million projection by analysts. The growth is the first increase in four months, following a decline of 3.2% in August, which was revised down to 3.93 million from 3.98 million. First-time buyers accounted for 31% of September sales, while the National Association of Realtors reported a 4.8 month supply of homes.
Wednesday, October 21, 2026
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US Existing Home Sales Hit 3.99M for First Gain in 4 Months
US Markets8 days ago
Median prices for existing homes reached $417,500, marking a record high for the month of September. This value represents a 1.3% increase from a year earlier, occurring while homeowners saw inventory rise to 1.60 million units, the largest supply of houses since November 2019.
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