Existing-home sales started 2026 weakly at 3.9 million annualized, the lowest in over two years, due to harsh winter weather and affordability issues. Inventory improved by 9% year-over-year to about 1.22 million homes, offering buyers more choices and 12% better buying power. However, new listings were down 4%, limiting market recovery. Mortgage credit availability rose slightly, easing lending conditions. The market's growth depends on more homeowners deciding to sell.
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