In one Real estate market that offers Homes at a record price in the United Statesthe situation could change next year Buyer-friendly orientation. This was stated in a recent report by a real estate company In 2026, values will fall in 22 metropolitan areas in the North American country.
2025 was one of the most complicated years for home buyers in recent decades average mortgage interest rates of 6.6%.
The scenario could take a different direction in 2026accordingly Jake Krimmelsenior economist real estate agent.comthe platform that prepared the price reduction report.
In statements quoted by CBS NewsKrimmel claimed that the change that the real estate industry will experience will lead to “more balanced real estate market” since the pandemic. According to his reasoning, neither seller nor buyer will have an advantage in the negotiations.
The report estimates that the Cape Coral-Fort Lauderdale metropolitan area will experience the largest price decline in the U.S. next year, with a decline of 10.2%. “We believe 2026 will be a year in which the market will stabilize“Krimmel explained.
The study shows that the Prices will decline in the following US metropolitan areas.:
Apart from the price declines in the areas mentioned above, this is to be expected Increase in the other 78 largest areas of the North American country. However, according to the report, these are not excessive increases, but rather an average of 4%.
To prepare it, the experts from real estate agent.com They analyzed inventory, new construction, premium growth, wage and employment growth, and unemployment in the 100 largest areas of the United States.
Regarding real estate transactions, the report claims that the impact will boost home sales.
The inventory of available properties is forecast to increase by less than 2% to 4.13 million homes in 2026.
This is what experts point out Existing home sales would rise 1.7% in 2026, after a nearly flat 2025.
If real estate transactions record a slight increase at the end of this year, as expected, existing transactions in 2024 (4.06 million) will remain at their historic low in 29 years.
Looking ahead to next year, specialists from real estate agent.com They expect the increase in home sales to be moderate, largely due to lower affordability due to high prices and still-high mortgage rates.
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