Saddle Brook, NJ — August 3, 2026 — U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a seasonally adjusted annual rate of 4.17 million units, the National Association of REALTORS® (NAR) reported, marking the highest level since December 2025. Regionally, sales increased from the previous month in the Northeast, Midwest, and South, while remaining flat in the West. On a year-over-year basis, sales grew in the Midwest, South, and West but declined in the Northeast.
“We have a current situation where home prices are still rising with inventory remaining low. Higher insurance, maintenance, and construction costs are not helping with buyer affordability,” said 2026 Greater Bergen REALTORS® President-Elect, John Johnson. “The 30-year fixed rate has helped by remaining at roughly 6.49% since May. However, new uncertainties surrounding the war with Iran are now pushing rates and oil prices higher once again. August will be an interesting month….”
Nationally, there were 1.55 million homes available for sale heading into June, a 3.3% increase from the previous month and 0.6% higher than one year earlier, representing a 4.5-month supply at the current sales pace, according to NAR. Home prices also rose, with the median existing-home price climbing to $429,300 nationwide, an all-time high for the month and 1.3% higher than a year earlier.
Highlights From June 2026 Report
- Single Family Closed Sales increased 10.7 percent to 538.
- Townhouse-Condo Closed Sales decreased 3.1 percent to 188.
- Adult Communities Closed Sales increased 100.0 percent to 8.
- Single Family Median Sales Price was up 6.7 percent to $921,000.
- Townhouse-Condo Median Sales Price remained flat at $541,225.
- Adult Communities Median Sales Price was up 49.4 percent to $730,000.
Click Here for the full ShowingTime Report for the month of June 2026