Updated 12 days ago on . Most recent reply
NAR Predicts Double-Digit Growth in Home Sales in 2026 With Prices Rising 4%
Interesting prediction from NAR ... what are your thoughts?
The U.S. housing market will finally turn the corner in 2026, with a double-digit increase in home sales supporting a 4% increase in home prices, according to new predictions from the National Association of Realtors®.
NAR Chief Economist Lawrence Yun forecasts sales volume for existing homes will rise 14% next year after three years of stagnation, and sees new-home sales rising 5%.
“Next year is really the year that we will see a measurable increase in sales,” Yun said on Friday at a NAR conference in Houston. "Home prices nationwide are in no danger of declining."
Yun believes that job growth will remain solid in 2026, with the economy adding 1.3 million jobs. That trend, along with ongoing shortages of available housing supply, will support 4% growth in home prices next year, he predicts.
The optimistic forecast follows three straight years of the lowest volume of home sales since 1995, after affordability concerns pushed many prospective homebuyers to the sidelines.
https://www.realtor.com/news/trends/2026-housing-market-fore...