US existing home sales hit two year low in January as inventory remains tight
Home sales fell 8.4 percent in January to their lowest level since late 2023. Limited inventory pushed prices higher even as affordability conditions improved.
Existing home sales in the US 
US fell 8.4 percent in January to a seasonally adjusted annual rate of 3.91 million units, marking the lowest level for the U.S. existing home market in more than two years. According to data released on February 12, 2026, by the National Association of Realtors (NAR), the sales pace dropped significantly from previous months and fell short of the 4.18 million units anticipated by economists in a Reuters poll. This decline reflects a meaningful shift in housing conditions as the market grapples with limited availability.
US fell 8.4 percent in January to a seasonally adjusted annual rate of 3.91 million units, marking the lowest level for the U.S. existing home market in more than two years. According to data released on February 12, 2026, by the National Association of Realtors (NAR), the sales pace dropped significantly from previous months and fell short of the 4.18 million units anticipated by economists in a Reuters poll. This decline reflects a meaningful shift in housing conditions as the market grapples with limited availability.
