
NAR Downgrades Housing Market Forecast for 2025
NAR’s Lawrence Yun downgraded his 2025 forecast but sees a potential 14% surge in home sales for 2026, if mortgage rates fall to 6%. Here’s what agents need to know.

NAR’s Lawrence Yun downgraded his 2025 forecast but sees a potential 14% surge in home sales for 2026, if mortgage rates fall to 6%. Here’s what agents need to know.

The National Association of Realtors® has launched a new member-exclusive Market Statistics Dashboard featuring metro-level data on affordability, pricing, and housing trends.

Homeownership is slipping for younger Americans, with the average first-time buyer now 38 years old, according to the Guardian.

Get a clear picture of where the housing market is headed with the latest 2025–2026 forecasts from Fannie Mae, Zillow, NAR, MBA, and Cotality covering home prices, existing home sales, and mortgage rates.

Redfin’s latest report shows U.S. home sellers are sitting on a record $698 billion worth of active listings, up 20.3% year over year.

A new Realtor.com report shows 23% of Millennials plan to buy a home in the next six months—up from 15% last fall. Meanwhile, 63% of potential buyers are holding out for rates below 5%, and half of homeowners with a mortgage feel locked in.

A new Redfin report shows U.S. home sellers now outnumber buyers by 33.7%, the widest gap since 2013, with 1.9 million sellers and just 1.5 million buyers in April 2025. Condo sellers face the steepest challenge, with 83.5% more sellers than buyers.

In a new interview with Realtor.com, Barbara Corcoran reveals the three best times to buy a home—including when inventory is rising, sellers return to the table, and the market feels uncertain.

CNBC reports that the U.S. and China have agreed to a pause on tariffs, slashing them from 125% to 10% for 90 days, easing trade tensions and boosting global markets. Realtor.com’s senior economist weighs in on what the truce could mean for construction costs, mortgage rates, and the housing market.

Zillow just downgraded its U.S. home price forecast, now predicting a 1.7% YoY decline by 2026 as inventory climbs and affordability pressures mount.

U.S. luxury home prices rose 4.7% year over year in 2024, but high-end properties are taking an average of 319 days to sell, with predictable consequences for sellers. Meanwhile stock market volatility could drive more investors toward luxury real estate.

What happens to housing in a recession? Keeping Current Matters and Realtor.com data show that home prices rose in four of the last six recessions, while mortgage rates fell every time.
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