Insight
Existing home sales report shows housing inventory down year-over-year with sales slightly higher and prices up 2.0% year-over-year.
Foreclosure rates remain below 2019 levels in August 2026, signaling a stable housing market. Despite headlines, housing inventory is down year-over-year, with sales slightly higher and prices up 2.0%. This indicates demand is outstripping supply, not a surge of distressed properties.
Existing home sales report shows housing inventory down year-over-year with sales slightly higher and prices up 2.0% year-over-year.