Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January’s plunged – weather? – and February’s modest rebound).
The analysts under-estimated the fear from war-mongering as existing home sales plunged 3.6% MoM (down bigly from an upwardly revised 2.7% MoM jump in Feb). That is the second biggest drop in existing home sales since Nov 2022…
Source: Bloomberg
That dragged Existing Home Sale SAAR back below 4 million homes (3.98m to be exact), near the lowest level since Lehman…
Source: Bloomberg
The NAR report showed the median selling price rose 1.4% from a year earlier in March, to $408,800.
Source: Bloomberg
Pushing Existing (Used) House prices back above New House Prices…
The inventory of previously owned homes edged up to a four-month high but remains historically depressed.
Source: Bloomberg
Contract signings declined across all regions, according to the NAR.
Sales in the Northeast slid to the lowest on record in data going back to 1999, while those in the Midwest matched the weakest pace since 2011.
The NAR also slashed its 2026 existing-home sales forecast to 4%, from 14% previously.
“Mortgage rates have been rising, and that has led us to trim our home sales outlook for the year,” NAR Chief Economist Lawrence Yun said in a statement.
It appears home sales front-ran the rise in mortgage rates since the war began.
Tyler Durden Mon, 04/13/2026 – 10:09
Source: https://freedombunker.com/2026/04/13/existing-us-home-sales-plunged-in-march-despite-falling-mortgage-rates/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,800,813,089 |
| Stories: | 8,630,151 |
Whistler Blowers, Insiders
