BREAKING: US existing home sales dropped -5.5% MoM in October, to an annualized rate of 3.75 million, the lowest since August 2010.

Excluding the 2010 decline, this marks the lowest level since 1995.

YoY, existing home sales fell -8.8%, the largest annual decline since November… pic.twitter.com/TjR0rI1XX1

— The Kobeissi Letter (@KobeissiLetter) November 14, 2026