06/22/2026
"NAR’s current forecast calls for existing-home sales to rise 4% this year, with the median home price also climbing 4%. Mortgage rates are projected to average 6.5% in 2026. Yun added that housing wealth accumulation will continue in 2026, with the typical homeowner gaining approximately $16,000 in wealth this year." 📈
At NAR’s 2026 Residential Economic Issues and Trends Forum, Chief Economist Lawrence Yun projected a 4% increase in home sales and prices, with mortgage rates averaging 6.5%. Homeowners are expected to gain $16,000 in wealth this year. Economists also highlighted active buyer segments and persiste...