Market Flux Event
US Existing Home Sales Beat Forecasts in September as Inventory Hits Seven-Year High
Read this in the Market Flux appUS existing home sales rose 1.5% in September to an annualized rate of 3.99 million units, beating the consensus estimate of 3.95 million and reversing a 3.2% decline in August. August's figure was revised down to 3.93 million from an initially reported 3.98 million.
The median price for existing homes climbed 1.3% year over year to $417,500, a record high for the month of September according to the National Association of Realtors, even as inventory continued to improve. Available supply rose to 1.60 million units, representing 4.8 months of supply and the highest inventory level since November 2019.
Despite the monthly beat, sales remain 2.2% below September 2025 levels, and the NAR noted that August and September together represent the weakest consecutive months of 2026, a stretch it attributed to rising mortgage rates weighing on activity over the summer.
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- LiveSquawkUS Existing Home Sales Sep: 3.99M (est 3.95M; prev 3.98M; prev R 3.93M) - Existing Home Sales (M/M): 1.5% (est -0.8%; prev -2.0%) - Median Home Price For Existing Homes (USD): 417.5K or +1.3% From Sep 2025 (prev 429.1K or +1.6% From Aug 2025)
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- DeItaone*US SEPT EXISTING HOME SALES 3.99M; EST. 3.95M *US SEPT EXISTING HOME SALES +1.5% M/M; AUG -3.2% *US AUG EXISTING HOME SALES REVISED TO 3.93M FROM 3.98M *US SEPT EXISTING HOME MEDIAN PRICE +1.3% Y/Y TO $417,500 *US SEPT HOME INVENTORY 1.60M UNITS; 4.8 MONTHS' SUPPLY *US SEPT MEDIAN HOME PRICE RECORD HIGH FOR MONTH: NAR *US HOME INVENTORY HIGHEST SINCE NOV 2019: NAR
- SemaforThe prices of land, power, construction equipment, and the laborers to run them are soaring, thanks to the AI data-center boom. That inflation now threatens to spill over into the rest of the economy, the president of the Chicago Fed warns. @lizrhoffman and @rogoswami sit down with @Austan_Goolsbee to discuss AI inflation, whether the hyperscalers even care about interest rates, and whether the Fed should care about a world where robots do all the jobs.
- FirstSquawkUS SEPT. EXISTING HOME SALES RISE TO 3.99M RATE; EST. 3.95M
- MaceNewsMacroUS NAR EXISTING HOME SALES +1.5% AT 3.99 MLN UNITS IN SEPT. (VS. 3.96 MLN MARKETS EXPECTED) VS AUG. REV. 3.93 MLN (PREV 3.98 MLN); -2.2% VS SEPT 2025; AUG/SEPT. WEAKEST OF 2026 AS MORTGAGE RATES RISE #Housing #economy #mortgages
- ZerohedgeExisting home sales 3.99MM, Exp. 3.95MM, Last 3.93MM
- Seeking AlphaExisting home sales unexpectedly rise in September
- FaststocknewssUS EXISTING HOME SALES RISE 1.5% IN SEPTEMBER TO 3.99M ANNUAL RATE, ABOVE ESTIMATES - Sales: 3.99M vs 3.95M est, beat - August revised to 3.93M from 3.98M, a 3.2% drop - Median price: $417,500, up 1.3% from September 2025, a record for the month of September - Inventory: 1.60M homes for sale, 4.8 months' supply, the highest in units since November 2019
- RedboxWireUS SEPT. EXISTING HOME SALES RISE TO 3.99M RATE; EST. 3.95M
- MarketRebelsThe September reading of Existing Home Sales is 3.99 million units annualized, which is a monthly increase of 1.5%. The forecast was for a decline of 0.8%. Existing Home Sales have been in the doldrums, at or about 4.0 million units annualized for the last three and a half years.
- Investingcom⚠️BREAKING: *U.S. SEPTEMBER EXISTING HOME SALES RISE 1.5% TO 3.99 MILLION; EST. 3.95M; PREV. 3.93M 🇺🇸 🇺🇸
- JesseCohenInv*US SEPT EXISTING HOME MEDIAN PRICE +1.3% Y/Y TO $417,500 *US SEPT MEDIAN HOME PRICE RECORD HIGH FOR MONTH: NAR Why are home prices still rising?
- InvestingHeadline and core U.S. inflation gap seen widening in September - Truflation
- NasdaqU.S. Existing Home Sales Unexpectedly Rebound In September
- CablefxmacroICYMI:🇺🇸*NFIB SEPT. US SMALL BUSINESS OPTIMISM INDEX AT 91.5; EST. 91.2
- PiQMarkets🇺🇸 United States Existing Home Sales (Sep) $USD Actual: 3.99M Forecast: 3.95M Previous: 3.93M
- APSales of previously occupied U.S. homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers.