CNBC September 10, 2026 • 14:05

Home sales fall in August despite the highest supply in over a decade - CNBC

By Diana Olick

Home sales fall in August despite the highest supply in over a decade - CNBC

Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.

Homebuyers continue to struggle amid higher mortgage rates and lofty home prices.
Sales of previously owned homes fell 2% in August from July to 3.98 million units on a seasonally adjusted, annuali… [+2084 chars]

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