{"id":31,"date":"2026-10-04T16:00:00","date_gmt":"2026-10-04T16:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/teitsmateam-com\/2026\/10\/04\/nar-report-highlights-steady-home-sales-despite-august-dip\/"},"modified":"2026-10-04T16:00:00","modified_gmt":"2026-10-04T16:00:00","slug":"nar-report-highlights-steady-home-sales-despite-august-dip","status":"publish","type":"post","link":"https:\/\/www.teitsmateam.com\/blog\/2026\/10\/04\/nar-report-highlights-steady-home-sales-despite-august-dip\/","title":{"rendered":"NAR Report Highlights Steady Home Sales Despite August Dip"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>As we keep a close watch on the West Michigan housing market, it&#039;s worth noting some national trends from the latest NAR Existing-Home Sales Report: existing-home sales dipped 2.0% in August, and are down 1.2% compared to last year, settling at 3.98 million units. Inventory, meanwhile, increased by 3.2% to 1.62 million homes\u2014marking the highest supply since 2019. Median prices also nudged up 1.6% to $429,100, while mortgage rates averaged 6.67%. Our team\u2019s deep experience\u2014whether in Spring Lake, Grand Haven, or Muskegon\u2014reminds us that every market shift offers new opportunities and challenges, especially for those navigating waterfront properties, single-family homes, condos, or new builds. Staying informed is key to making confident real estate decisions.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/nar-existing-home-sales-report-shows-2-0-decrease-in-august-1036536097\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As we keep a close watch on the West Michigan housing market, it&#039;s worth noting some national trends from the latest NAR Existing-Home Sales Report: existing-home sales dipped 2.0% in August, and are down 1.2% compared to last year, settling at 3.98 million units. Inventory, meanwhile, increased by 3.2% to 1.62 million homes\u2014marking the highest [&hellip;]<\/p>\n","protected":false},"author":512,"featured_media":32,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/users\/512"}],"replies":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":0,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/media\/32"}],"wp:attachment":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}