Existing-Home Sales Decline in June: Housing Market Shows Signs of Balance in 2026

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The U.S. housing market continues to move through a period of adjustment as buyers and sellers adapt to changing affordability conditions. The latest existing-home sales data shows a market that is neither slowing dramatically nor returning to the extreme competition seen during the pandemic housing boom. Instead, buyers are carefully watching mortgage rates, home prices, and available inventory before making decisions. Existing-home sales declined 2.4% in June compared with the previous month. However, sales were still 2.8% higher than they were one year ago, showing that housing activity rem