Housing Market
NAR Chief Economist Says the Median Home Price Will Hit $1 Million in 25 Years
NAR Chief Economist Dr. Lawrence Yun predicts the national median home price will reach $1 million in approximately 25 years.
June 23, 2026
NAR Chief Economist Dr. Lawrence Yun predicts the national median home price will reach $1 million in approximately 25 years.
NAR’s latest forecast shows a 14% rise in 2026 home sales, 4% price growth, and mortgage rates easing to 6% as demand builds into next year.
This week’s Hot Sheet recap includes reasons why real estate agents need to stay informed on both macro and micro trends, along with every segment Byron Lazine covered the week of May 22nd-May 26th.
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