U.S. Home Market Remains Resilient Amid Shifting Trends
U.S. Home Market Remains Resilient Amid Shifting Trends
The U.S. housing market's expected rebound in 2026 has been downgraded, with existing home sales now forecast to rise only 4% instead of 14%. New home sales growth is revised to zero. The change is attributed to rising mortgage rates, now expected to average around 6.5%, limiting buyer affordability. Early 2026 sales have been disappointing, with month-over-month declines nationwide despite some regional year-over-year gains.