A housing economist expects modestly better US home sales in second half of 2026 if inventory keeps expanding and more housing supply reaches market.
The current forecast called for existing-home sales ↑4% this year, national median prices ↑4%, and mortgage rates averaging in the mid-6% range.
Typical homeowners were projected to gain ~$16K this year, and one long-term estimate showed the national median price reaching $1M in ~25 yr.
Even in a market that felt gridlocked, distinct buyer groups kept purchasing, and 17% of younger baby boomers who sold this year were first-time sellers.
Misinformation on down payments still held some buyers back, as many believed 20% was required, highlighting room for education and stronger client outreach.
