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Home/Briefs/real estate

BriefApril 16, 2026 · 11:06 AM

Low Inventory Drives March Home Prices to Record Highs

Typical homeowners accumulated $128,100 in housing wealth over the past six years. This price growth is driven by limited housing inventory, which pushed the median home price to a record high for the month of March. Total housing inventory in March totaled 1.36 million units, equating to 4.1 months of supply. Existing-home sales fell 3.6% from February to a seasonally adjusted annual rate of 3.98 million. Sales also fell 1% year-over-year in March.

Amara Halstead

real estatehousing markethome equity

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