Realty Executives Arizona Territory
Denise van den Bossche 602-980-0737
Associate Broker & Team Exec-Elite Partner (602) 980-0737
Denise van den Bossche 602-980-0737
Associate Broker & Team Exec-Elite Partner
Realty Executives Arizona Territory
The National Association of Realtors report just out is one of many to make the headlines this month with the same message, prices are not expected to go down anytime soon.
According to the Report, "Existing home sales are expected to jump by 14% in 2026.
That’s because of a combination of dropping mortgage rates and improving market stability after several years.
But, despite the number of new homes hitting the market, prices are still projected to go up by 4% in 2026, as demand remains steady and supply remains lower than normal.
“Next year is really the year that we will see a measurable increase in sales,” said NAR National Economist Lawrence Yun. “Home prices nationwide are in no danger of declining.”