The US real estate market is going through a complex scenario: mortgage rates remain above 6% and prices continue to reach records. However, a new study shows this By 2026, property values could decline in 22 of the country’s 100 largest cities.including several in Florida.
According to the current study by rapporteurtitled Housing forecast for 2026Next year the market could favor buyers thanks to a slight decline in mortgage rates and greater stability.
The analysis assumes that interest rates will fall 6.3% in 2026slightly less than the average of 6.6% in 2025. Reducing borrowing costs and wage growth in some states would also help increase access to housing.
In Florida, price declines are expected in the following metropolitan areas:
In contrast, three of the state’s largest areas —Miami, Fort Lauderdale and West Palm Beach— Slight increases are forecast.
The report also predicts a decline in property values across various real estate markets. Arizona, California, Colorado, Idaho, Washington, Iowa, Georgia and North Carolina. These are the cities where falls are expected:
The specialist site expects an increase of at least 2% by 2026. Housing supply in the countryparticularly in cities where costs will fall, to 4.13 million properties.
In contrast to Mortgage rates are expected to rise in the remaining 78 major cities the United States the following year averaging 4.0%, with peaks of up to 12.4%, as in New York.
It is expected that the Buyers from the USA benefit from this with the flexibility of mortgage rates as well as the slight decline in real or inflation-adjusted prices, the study says.
It is also estimated that the Average family income increases by up to 3.6%and outperform both house prices and general inflation, which could be above 3% again.
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