According to Realtor.com’s 2026 Housing Forecast, experts are forecasting that home prices will grow by 2.2% next year, while there will be an 8.9% increase in existing home inventory.
The report noted that buyer conditions should improve as mortgage rates drop, incomes rise and more houses continue to enter the market. It’s expected that the average 30-year mortgage rate will be around 6.3% as mortgage rates finally come down. Home sales are expected to grow by 1.7% or 4.13 million.
