The National Association of Realtors (NAR) has predicted a good year for home sales in 2026, noting that sales nationwide could increase by as much as 14 percent.
NAR Chief Economist Lawrence Yun released his predictions during the Nov. 14 Residential Economic Issues and Trends Forum held in Houston, Texas.
“Next year is really the year that we will see a measurable increase in sales,” Yun said in a statement. “Home prices nationwide are in no danger of declining.”
Yun attributes the expected rebound to declining mortgage rates, continued job gains, and improved market stability. NAR also forecasts that home prices will increase by 4 percent next year, as demand for homes still exceeds the current supply….