Homeowners Face Worrying 2026 Prediction

Builders have cut prices for a year to boost sales amid buyer reluctance.
Typical home price is now 4.9× household income; historically, it was 3×.
36% of builders cut prices in February, avg. discount 6%.
New homes often cost less than existing homes; sellers reluctant to lower prices.
Experts split: some expect further price drops by 2026, others see slight increases.