Housing Market Adjusts in 2026 | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 1m

Home prices are set to rise just 1.2% in 2026 — barely keeping pace with 3.4% inflation, meaning real value is shrinking. But buyers are in luck: monthly mortgage payments are projected to drop nearly 2%, easing housing costs as incomes grow. Sellers are also adjusting, lowering asking prices upfront to avoid cuts later — creating a more balanced, negotiable market. Mortgage rates will stay around 6.3% due to stubborn inflation and a strong job market, with geopolitical tensions further limiting rate cuts. Existing-home sales are expected to climb 1% to 4.1 million, rebounding since April…