09/05/2026
US Home Sales Remain Strong Despite Record-High Prices
July brought a 1.7% dip in U.S. existing home sales, now at an annual rate of 4.06 million. Meanwhile, the median home price reached a new high of $434,100, up 2%. Mortgage rates have edged up to 6.69%, making affordability more challenging for many buyers, and nationwide inventory continues to be tight at 1.54 million homes. As someone who’s navigated the ups and downs of the northwest Connecticut market for nearly three decades, I see firsthand how national trends can shape our local experience. At Elite Realty, we approach each transaction with a tailored strategy—especially important when record prices and limited options are at play. Every neighborhood, and every client’s journey, is unique. That’s why I’m committed to guiding buyers and sellers through these shifts with local expertise and a personal touch.
https://www.roomvu.com/agent-news/toni-osterhout/1905155-US-Home-Sales-Remain-Strong-Despite-Record-High-Prices