The National Association of Realtors is reporting that existing home sales were down 8.4% in January, 2026 to a seasonally-adjusted annual rate of 3.91 million. Total housing inventory at the end of January was 1.22 million units, down 0.8.% from December but up 3.4% from one year ago. Unsold inventory sits at a 3.7-month supply at the current sales rate. The median existing-home price for all housing types in January was $396,800 – the 31st consecutive month of year-over-year price increases. The NAR says inventory continues to be an issue:
“Due to low supply, the median home price reached a new high for the month of January…Homeowners are in a financially comfortable position as a result. Since January 2020, a typical homeowner would have accumulated $130,500 in housing wealth” Said the NAR’s Chief Economist, Lawrence Yun.
Click here to read the full release at the National Association of Realtors.
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