Real estate market in The United States: existing home sales fall

• The National Association of Realtors (NAR) reported a 3.6% drop in transactions and existing home sales during the last month.
• The median price of a property in The United States reached $408,800 dollars, making access difficult for first-time buyers.
• Donald Trump proposes limiting institutional investors to curb the housing crisis ahead of the November elections.

The spring season, which usually acts as the busiest time within the real estate market, began with quite discouraging figures in The United States; specifically, existing home sales dropped to their lowest point in nine months because of high interest rates.

According to the NAR, the pace of transactions plummeted 3.6% compared to February, reflecting that many people prefer to wait before taking on a costly mortgage; similarly, buying conditions have become less favorable for the Latino community seeking stability in the country; consequently, economic uncertainty has forced experts to drastically cut their growth projections for 2026; in fact, the current outlook suggests that the market will remain stagnant as long as credit costs do not decrease.

Record prices and a supply that fails to take off

Although slightly more houses are available compared to previous months, total inventory remains at historic lows in the real estate market; therefore, the shortage of supply is pushing prices upward and the median cost already exceeds $400,000 dollars in The United States. This phenomenon mainly affects the Northeast and Midwest of the country, where regions record the lowest sales volumes in decades; likewise, economists warn that demand remains so low in relation to supply that prices will stay under constant pressure throughout the year; in this sense, rising housing costs represent an almost insurmountable obstacle for young professionals; for this reason, many choose to continue renting instead of entering a bidding war for new or existing home sales.

Housing as a central pillar of the upcoming elections

Furthermore, with the midterm elections just around the corner, access to homeownership is the topic everyone is discussing in The United States; likewise, President Donald Trump launched proposals to protect families from large investors who buy single-family homes. This measure seeks to restore some balance to the market so that average citizens have a chance against investment funds; similarly, the political debate intensifies while first-time buyers represent barely a third of total sales; indeed, existing home sales serve as the thermometer of an economy that needs urgent adjustments to avoid leaving anyone behind; so the coming months will be decisive in seeing if the real estate market manages to recover or if winter arrives ahead of schedule.