NAR Just Cut its 2026 Housing Forecast By 10 Points
The National Association of Realtors just revised their 2026 home sales forecast down from +14% to just +4% — a 10-point drop in a single report — and March existing home sales came in at the slowest pace since 2009. But here's what the headlines aren't telling you: home prices just hit their 33rd consecutive month of year-over-year increases, and the typical American homeowner has accumulated $128,100 in housing wealth over the past six years. The reason both can be true at the same time comes down to one word — inventory. There simply aren't enough homes for sale, and when supply is that tight, even nervous buyers can't push prices down. The market feels slow, but the wealth-building engine hasn't stopped — and the buyers who act in slow markets are historically the ones who close at the best prices before competition returns. - Video breakdown below👇
🗳️ Have you used housing wealth data to convert a hesitant buyer?
(The avg. homeowner built $128,100 in 6 years. That number closes conversations.)
A) Yes — it's one of my go-to tools
B) I've tried it but wasn't sure how to frame it
C) No — I didn't have the right numbers to back it up
D) My buyers aren't in that conversation yet
3 votes
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4 comments
John Stevens
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NAR Just Cut its 2026 Housing Forecast By 10 Points
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