After a period in which many people felt stuck, 2026 will be a year with more balance, more options and more clarity for people who want to take a step. Not because the market is suddenly ‘easy’, but because a number of important conditions are shifting.
Here’s what the experts say you should look forward to.
Danielle Hale, chief economist at Realtor.com:
“After a challenging period for buyers, sellers and tenants, 2026 should be a welcome, if modest, step toward a healthier housing market.”
The National Association of Real Estate Agents (NAR):
“Top economists have one word to summarize the housing market for 2026: opportunity. It is expected that lower mortgage interest rates and an increasing housing supply will open up the housing market. . . something the real estate industry and potential home buyers and sellers have been waiting for, after three years of stagnation.”
Mark Flemingchief economist First American:
“…for the first time in several years, underlying forces have finally aligned toward gradual improvement. Mortgage rates may fall only slowly, but income growth that outpaces home price growth will boost home purchasing power – even in a world of higher interest rates. Affordability won’t disappear overnight, but like a ship finally getting a strong tailwind, it’s now heading in the right direction.”
Mischa Visserchief economist Zillow:
“Buyers benefit from increased inventory and improved affordability, while sellers see price stability and more consistent demand. By 2026, each group should have a little more breathing room.”
Why local insight is more important than ever
Keep in mind that while the national outlook is improving, conditions will still be different depending on where you live. Some markets will move faster than others. Some will see stronger price growth. Others will remain flat. If Lisa Sturtevant, chief economist at Clear MLS, explains:
“Market performance will depend on local economic conditions, making 2026 one of the most geographically divided markets we have seen in years.”
That’s why it’s crucial that you understand what’s happening in your specific area. National trends set the stage, but local dynamics determine how they work out for you. And that’s why you need an agent.
In short
If you would like more information about what these trends mean for your local market and which trends you want to take advantage of, contact a trusted real estate agent.
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