Housing Market

Realtor.com’s new 2026 outlook projects home prices will fall in 22 of the 100 largest U.S. metros, led by declines in several Florida markets, while mortgage rates ease to an average 6.3% and existing-home sales edge up to 4.13 million. The forecast, described by senior economist Jake Krimmel as the most balanced market since the pandemic, sees modest gains elsewhere (median +4% across the other 78 large metros) as inventory improves and demand normalizes from COVID-era peaks.