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Story summary
- In March 2026, sales of previously occupied U.S. homes fell 3.6% to 3.98 million units, per the National Association of Realtors (NAR).
- NAR attributes the decline to lower consumer confidence and soft job growth.
- The median price rose 1.4% to $408,800, a March record.
- The housing market has struggled since 2022, with sales near 30-year lows.
- Inventory of unsold homes increased slightly but remains below pre-pandemic levels.
