United States Housing Demand Slows, Stays Stable | #luxuryhomes #Senior Real Estate

Higher mortgage rates cooled demand in 2026, yet housing stayed orderly because rates remained under 7%, limiting sharper disruption across national listings, inventory, and sales.
Sellers largely kept participating: new listings stayed steady for months, with recent activity ~67K versus ~64K a yr earlier, supporting market balance.
Inventory growth stayed mild overall, but recently edged ↑~5K to ~880K and stood ↑~2% yearly, a sign supply kept expanding despite elevated rates.
Price cuts recently ran near 42%, slightly above a yr earlier, while pending sales hovered near 65K, showing demand softness without a major national downturn.
Looking ahead, markets were watching jobs data and policy signals, while mortgage spreads kept rates below 7% and helped limit stronger pressure on housing.