Anticipated Trends in the Real Estate Sector for 2025 and 2026: Will We See a Resurgence?
Housing Market Shows Mixed Results Across Regions
The housing market in the United States is showing a mixed picture, with each region displaying its own unique trends, according to the latest data from the National Association of REALTORS® (NAR) and Realtor.com.
In the West, sales have seen a slight increase of 1.4% month-over-month, but the median price has dipped by 1.4% year-over-year, settling at $620,700. The South, on the other hand, has experienced a 2.2% rise in sales over the past month, with a median price of $367,400, a decrease of 0.6% compared to the same period last year.
The Northeast is bucking the trend, with sales up by 8.7% month-over-month and a median price of $509,300, which has only slightly increased by 0.8% year-over-year. The Midwest, however, has seen a slight dip in sales by 1.1% month-over-month, but the median price has risen by 3.9% year-over-year, reaching $333,800.
Amidst these fluctuations, an affordability crisis continues to loom over the housing market, as suggested by the latest data.
Investors are advised to focus on areas with strong job growth and rental demand, particularly in the South. Sellers, meanwhile, are encouraged to price their properties competitively and be prepared to negotiate due to the shifting market. Buyers are advised to work with a good agent to find the right home for the best price in the current market.
Looking ahead, Lawrence Yun, Chief Economist of the National Association of REALTORS®, forecasts that existing home sales in the United States regions will stabilize or slightly increase in 2026, reflecting a modest recovery after recent market fluctuations. The market is expected to show more optimism, but not a wild party, rather a calm afternoon. NAR's forecast projects a 6% increase in 2025 and a further acceleration by 11% in 2026.
As we move forward, it's clear that the housing market will continue to evolve, and it's essential for buyers, sellers, and investors to stay informed and adapt to these changes.
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