Existing-home sales are expected to rise about 14% in 2026, driven by easing mortgage rates, job growth, and market stability. Home prices are forecast to increase 4%, supported by steady demand and supply shortages. Mortgage rates may modestly decline to around 6%, improving affordability, especially in high-construction areas like Houston. First-time buyers face challenges due to affordability and debt, while agent use remains strong among buyers and sellers.
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