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US Affordability Improves in 2026 Forecast

US Affordability Improves in 2026 Forecast

A midyear forecast sees US home price growth slowing to ~1% in 2026, below inflation, effectively easing real home prices for buyers. Mortgage rates are expected to hold near 6%, while monthly payments are projected to decline ~2% yearly, a combination expected to...
U.S. 2026 Housing Forecast: Midyear Update

U.S. 2026 Housing Forecast: Midyear Update

A resilient US economy kept inflation pressure elevated, leaving mortgage rate forecasts near the low-6% range as unemployment stayed in the low-4% range. Existing-home sales were expected to reach ~4.1M in 2026, with yearly growth improving later in the year as...
Luxury Home Prices Rose Most in These U.S. Cities

Luxury Home Prices Rose Most in These U.S. Cities

The median U.S. luxury home sale price rose 4.7% year over year to $1.4 million, while non-luxury prices increased 1.5% to $377,477. Luxury homes, defined as the top 5% by price, saw a 2% increase in sales and a 1% rise in new listings. Luxury homeowners are more...
Phoenix Housing Market Poised for New Opportunities Ahead

Phoenix Housing Market Poised for New Opportunities Ahead

The Phoenix housing market is stable, with a slight decline in active inventory but still high availability and longer selling times. Home sales dropped 3% from April, new listings fell 12.4%, and inventory slightly decreased. The median price rose 1.9% to $458,500....