At a glance
- The median home-sale price slipped 0.4% from a year earlier to $388,634 in October, Redfin said, the first year-over-year decline since May 2023.
- First mortgages accounted for $13.08 trillion of the total, and severe bankcard delinquency rates fell 9 basis points to 2.74%, Equifax said.
- For advisors, the divergence gives a current benchmark for clients weighing home equity draws: HELOC balances rose 13.3% year over year to $461.9 billion even as Redfin’s pending sales fell 3.6% month-over-month.
Total US consumer debt climbed 2.9% year over year to $18.56 trillion in September 2026, InvestmentNews reported, citing Equifax's Market Pulse report. The median home-sale price slipped 0.4% from a year earlier to $388,634 in October, Redfin said, the first year-over-year decline since May 2023.
First mortgages accounted for $13.08 trillion of the total, and severe bankcard delinquency rates fell 9 basis points to 2.74%, Equifax said. Non-mortgage write-offs through September were $104.9 billion, against $104.4 billion a year earlier.
For advisors, the divergence gives a current benchmark for clients weighing home equity draws: HELOC balances rose 13.3% year over year to $461.9 billion even as Redfin’s pending sales fell 3.6% month-over-month.
Debt climbed while home prices slipped
Year-over-year change; debt Sept. 2026, home price Oct. 2026
Reported by the Tax & estate planning desk from InvestmentNews. Published . Corrections