WS Investor
12 Nov 2026, 17:12
U.S. Existing Home Sales Fall 5.5% in October, Missing Expectations
U.S. existing home sales fell sharply in October, declining 5.5% month over month compared with expectations for a 3.5% decrease.
The annualized sales rate dropped to 3.75 million units, below the 3.89 million forecast and down from 3.97 million in the previous month.
The weaker-than-expected figures point to renewed pressure in the U.S. housing market after sales had increased 1.0% in the prior month.
The data suggest elevated borrowing costs and affordability constraints continue to weigh on housing demand, adding another sign of softness in interest-rate-sensitive parts of the U.S. economy.
U.S. existing home sales fell sharply in October, declining 5.5% month over month compared with expectations for a 3.5% decrease.
The annualized sales rate dropped to 3.75 million units, below the 3.89 million forecast and down from 3.97 million in the previous month.
The weaker-than-expected figures point to renewed pressure in the U.S. housing market after sales had increased 1.0% in the prior month.
The data suggest elevated borrowing costs and affordability constraints continue to weigh on housing demand, adding another sign of softness in interest-rate-sensitive parts of the U.S. economy.
