Current existing-home sales beat estimates, with activity ↑~2% MoM but ↓~2% yearly, showing better-than-expected closings even as the broader pace stayed below year-earlier levels.
The sales snapshot likely lagged current borrowing costs, and the outlook pointed to some further market softening ahead, though the shift was described as manageable.
Current US housing inventory stands at 1.6M homes, still below the 2M to 2.5M range seen as a more traditional supply level.
Even so, inventory has recovered from extreme lows, price growth has slowed, wages are outpacing home-price growth, and buyers now have more leverage.
The market was described as healthy between buyers and sellers, with a gradual return toward normal conditions expected into 2027 and beyond.
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USA Buyers Gain More Market Power | Strategically priced. Expertly marketed. Under agreement in less than two days.
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Do you live in one of the top states for 2026?
The best states to live in for 2026 balance affordability, economy, education, health, quality of life, and safety. Idaho ranks first with strong safety, affordability, and income growth. New Jersey excels in safety despite high costs. Wisconsin, Massachusetts, and New Hampshire also rank high for education, health, and quality of life. States like Maine, Montana, and Utah offer strong education, economy, and outdoor amenities.
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U.S. Home Sales Rise Despite Higher Mortgage Rates | Strategically priced. Expertly marketed. Under agreement in less than two days.
In the current US market, existing-home sales reached a ~4M annual pace, up modestly MoM while remaining slightly below the yearly level.
Median price reached $417.5K, extending a long yearly gain streak, while inventory rose to 1.6M homes and supply stayed at 4.8 mo.
Closings reflected contracts signed when rates were lower, but financing costs later moved above 7%, making budgeting more important for buyers nationwide currently.
First-time buyers took 31% of sales, cash deals eased, and single-family homes outperformed condos as listings sat longer on market in the current environment.
For the rest of 2026, the market was expected to stay slow, with flatter pricing and more negotiating room as conditions gradually favored buyers. -
Best Places To Call Home In New England In 2026
Ten New England towns offer affordable homes below state medians, with prices ranging from about $271,895 to $537,145. Each town features unique attractions like college campuses, historic sites, riverfronts, bike paths, and cultural venues. Options include vibrant downtowns, scenic natural areas, and small-city amenities, appealing to those seeking four seasons, community feel, and diverse outdoor and cultural experiences.
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Home sales rise in western Massachusetts as median prices show mixed results
Home sales in western Massachusetts increased, with single-family sales in the Pioneer Valley rising 3.1% to 503, though median prices fell 3.6% to $385,000. Hampden County sales were flat with a 2.2% price drop to $357,000. Franklin County saw a 9.3% sales rise and a 5% price increase to $416,300. Hampshire County sales grew 10.5%, but prices declined to $459,000. Pending sales rose 25.3%, new listings 13.1%, while inventory dropped 6.7%.
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Monson: Modest Budget, More Elbow Room | Strategically priced. Expertly marketed. Under agreement in less than two days.
Monson gives buyers more elbow room in the hills, with a median near $419K and yards that often stretch to actual acreage.
A 2-mi loop climbs a local mountain to a 1,227-ft lookout over the valley, making repeat hikes a favorite for plenty of locals.
A local orchard and winery helps fill fall weekends with apple picking, flower fields, and tastings, adding a seasonal draw close to home.
Near the center, a local park offers a playground and two soccer fields, while the town library sits a 10-min walk away.
For buyers seeking a first home, Monson still offers room to start small and grow, with space, trails, and nearby everyday amenities. -
This Is the Most Desired ZIP Code in the U.S—And It’s Not Where You Think
The most desired ZIP codes in the U.S. include Peabody, MA, known for its history, water access, and $600K average home price. Montclair, NJ, offers proximity to NYC and an international airport with homes around $1M. Other notable areas are Wheaton, IL; New Berlin, WI; North Haven, CT; Lititz, PA; Livonia, MI; Westfield, MA; Fairport, NY; and Sewell, NJ, featuring affordable homes, good schools, parks, and convenient commutes.
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