New Forecast Predicts 14% Spike in Existing Home Sales During 2026

The National Association of Realtors forecasts a 14% rise in existing home sales in 2026, driven by easing mortgage rates and a stronger job market. Home prices are expected to increase by 4%, but improved affordability is anticipated due to modest mortgage rate declines. Markets with robust new housing supply, like Houston, will offer more reasonable prices and attract buyers as rates improve.

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