{"id":835,"date":"2026-10-26T10:00:00","date_gmt":"2026-10-26T10:00:00","guid":{"rendered":"https:\/\/www.algapremierprop.com\/blog\/?p=835"},"modified":"2026-10-26T10:00:00","modified_gmt":"2026-10-26T10:00:00","slug":"u-s-home-sales-rise-despite-higher-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.algapremierprop.com\/blog\/2026\/10\/26\/u-s-home-sales-rise-despite-higher-mortgage-rates\/","title":{"rendered":"U.S. Home Sales Rise Despite Higher Mortgage Rates"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/susie-lee-1\/home-sales-rise-in-september-2026-despite-rising-mortgage-rates-remotion-videos-eb8d\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>In the current US market, existing-home sales reached a ~4M annual pace, up modestly MoM while remaining slightly below the yearly level.<br \/>\nMedian price reached $417.5K, extending a long yearly gain streak, while inventory rose to 1.6M homes and supply stayed at 4.8 mo.<br \/>\nClosings reflected contracts signed when rates were lower, but financing costs later moved above 7%, making budgeting more important for buyers nationwide currently.<br \/>\nFirst-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.<br \/>\nFor the rest of 2026, the market was expected to stay slow, with flatter pricing and more negotiating room as conditions gradually favored buyers.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/posts\/835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/comments?post=835"}],"version-history":[{"count":1,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/posts\/835\/revisions"}],"predecessor-version":[{"id":855,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/posts\/835\/revisions\/855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/media\/836"}],"wp:attachment":[{"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/media?parent=835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/categories?post=835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.algapremierprop.com\/blog\/wp-json\/wp\/v2\/tags?post=835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}