{
  "id": 15965084,
  "title": "U.S. housing market officially hits 4 years of historically low resale turnover",
  "url": "https://urgent.news/2026/10/21/u-s-housing-market-officially-hits-4-years-of-historically-low-resale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T22:00:00.000Z",
  "source": {
    "name": "Fast Company",
    "slug": "fast-company",
    "url": "https://www.fastcompany.com/91627851/housing-market-officially-hits-4-years-of-historically-low-resale-turnover"
  },
  "original_language": "en",
  "account": "The U.S. housing market has officially experienced four consecutive years of historically low resale turnover, according to the latest data published by the National Association of Realtors. This trend has been observed across various housing markets, including those in the Northeast, Midwest, Sun Belt, and Pacific Northwest. The reason behind this stagnation is primarily due to the shift from pandemic-era demand to higher mortgage rates, resulting in increased switching costs for homeowners. Although new home sales have remained relatively stable at pre-pandemic levels, existing home sales have been stuck at lower-than-average levels. This is largely due to transactions occurring out of necessity, such as death, divorce, disability, and other life events that force households to move. To put this into perspective, the ResiClub's Resale Turnover Index shows that U.S. existing-home sales have been in the bottom 25th percentile for resale turnover for four straight years. This is a concerning trend, as it indicates a lack of dynamism in the housing market.",
  "summary": "Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Ever since the pandemic-era housing demand surge fizzled out, mortgage rates spiked, and switching costs got out of whack , U.S. existing-home sales have been stuck at historically low levels. That’s been true in relatively more resilient housing markets across pockets of the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}