Forecast says US home prices are projected to ↑1.2% in 2026, below expected inflation, meaning prices are effectively lower in real terms.
Median monthly mortgage payment is projected to ↓1.9% yearly while household income is expected to ↑3.9%, easing the share of pay needed for housing.
Existing-home sales are expected to reach 4.10M in 2026, ↑1.0% yearly, with mortgage rates holding near ~6% on avg. for the year.
More homes are for sale, sellers have lowered asking prices upfront, and price cuts are rarer yearly, with homes still selling near 97% of list.
Single-family starts are projected to ↑2% to 960K units, while rents are expected to ↓1.2% as multifamily supply keeps expanding through 2026.
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