Air conditioner continues to run long hours after reaching set temp
I just bought a brand new house with brand new American Standard air conditioner. It seems that when I try to set a lower temperature than the current temp, say, current is 78, and I set it to 76, then it started to run for somewhat long time to reach the set temp of 76, usually it needs an hour or so, but then, after the thermostat already shows the set temp of 76, it still continues to run even longer hours, usually 3 to 4 hours before it can stop for the first time. I understand that when the thermostat shows 76, it is probably at higher end of 76, say, 76.9, and the system continues to cool the house until it reaches the lower end of 76, say, 76.1 or 76.2. But what is causing such long hours of continuous running after thermostat reads 76? It should not take 4 hours to reduce temperature from say, 76.9 to 76.1. What could be the problem with the air conditioner?
Thanks for your help in advance!