U.S. existing-home sales fell 5.5% in October to a 3.75 million annual rate, while rising inventory lifted supply to 5.1 months, showing more unsold homes relative to sales.
The National Association of Realtors (NAR) reported that the seasonally adjusted annual pace was 8.8% below October 2025. The median existing-home price was $416,700, a 0.4% increase from a year earlier.
Inventory reached 1.59 million homes, up 1.3% from September and 4.6% from a year earlier. Supply measured 5.1 months, compared with 4.7 months in September. The measure estimates how long current inventory would take to sell at the prevailing sales pace.
Housing newsletter CalculatedRisk characterized the October sales pace as a new cycle low. It also compared the 5.1 months of supply with 3.9 months in October 2019, and said sales had fallen more than inventory compared with that pre-pandemic period.
The national figures followed EconoTimes’ earlier report on local October home-sales data, before the national release. NAR is scheduled to publish its October pending-home-sales index Wednesday, Nov. 18, at 10 a.m. ET. The index tracks signed contracts before completed purchases.
