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Published March 3, 2026
Spring 2026 Housing Market Forecast and What It Means For You
Written by Nancy McGee
Recently, our team had the privilege of hearing from the Chief Economist from the National Association of Realtors, Dr. Lawrence Yun. He provided us with expert insights about the state of the current real estate market and shared his predictions for the year ahead.
He believes 6% interest rates may be the “new normal”. Buyers who are waiting for rates to drop significantly could be waiting longer than they expect. As more people adjust to this new market reality, Dr. Yun predicts that both existing home sales and new construction sales will increase this year.
Many homeowners are sitting on substantial equity after several years of strong home price growth. As buyers accept current rates and sellers recognize the equity they have built, more movement in the market is expected.
In fact, the data shows home prices have increased significantly across every region of the country since early 2020. If you purchased a home in the last few years, you may have more equity than you realize.
Curious what your home could sell for in today’s market? Thinking about making a move this year?
While national trends are helpful, it’s important to remember real estate is always local. If you have been waiting on the sidelines, this could be the year the market gains momentum again. Let’s make sure you are positioned to take advantage of it.
Now is the time to get clarity and build a strategy.