2026 Housing Outlook: Slow Shift Toward Balance

Mortgage Rates: 30-year fixed mortgage rates are expected to end 2026 near 6.3%, bringing stability but limited affordability relief.

Home Sales: Existing-home sales are forecast to rise 1.7% in 2026, still well below long-term historical averages.

Home Prices: National home prices are projected to increase 2.2%, marking slower appreciation and a gradual return toward balance.

Affordability & Rents: Buyer affordability improves slightly as monthly payments ease, while rents are expected to decline 1% nationwide.


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