Existing-Home Sales Rose Modestly in September
Existing-home sales increased by 1.5% in September, despite a year-over-year decline in total volume.
Updated on Oct. 13, 2026 in Residential
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Existing-home sales saw a monthly increase of 1.5% in September, although the market remains down 2.2% compared to the same period last year. Sales performance varied across regions, with growth observed in the South and West while other areas experienced stagnation or decline.
Why it matters
Recent increases in mortgage rates have restricted the number of potential buyers qualifying for purchases, contributing to a broader slowdown in housing activity. As a result, the market has reached its lowest sales volume for the 2026 year during August and September.
Existing-home sales rose 1.5% month-over-month in September, following a period that marked the lowest sales volume for 2026. The data shows a 2.2% decline in sales volume compared to the previous year.
The details
Market conditions have shifted, with rising inventory levels and longer times on the market forcing sellers to offer price discounts and incentives. Regional results were mixed, as sales climbed in the South and West but stayed flat in the Midwest and dropped in the Northeast.
Timeline
August 2026: The housing market recorded its lowest sales volume for the year.
September 2026: Sales experienced a 1.5% monthly increase across the country.
October 2026: Industry reports finalized and published the latest market data.
Culture Shift
This month-over-month increase occurs within the broader context of the 2026 national housing market slowdown trend. The current activity reflects a challenging cycle where rising interest costs have consistently dampened buyer demand.
Prospective buyers may find increased leverage as inventory stays on the market longer and sellers offer price discounts. Prospective homeowners should evaluate their budget against recent mortgage rate hikes to determine current purchasing eligibility.
The takeaway
Buyers may benefit from current market incentives as sellers adjust to lower demand and extended listing times. Monitoring regional fluctuations remains essential for those timing a purchase during this period of high mortgage rates.
Further reading
For more information on market trends, visit the United States Residential section.
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