Where are we headed for 2026?

Last month we explored interest rates edging up to the low and mid 6's with what appears to be the Fed's stalling rates. We may not see a repreave until Q3 of 2026. 

As of the end of April 2026 , we’ve seen 455 sold listings, compared to 502 at the end of June 2025. The absorption rate in April fell slightly to 5.53 months, down from 5.35 months, Meanwhile, average days on market rose from 78 days last year to 87 days this year.

So with all of this in perspective, where is the real estate market headed in 2026? If the stock market reflects consumer confidence, you might expect housing to be surging—but that’s not exactly what we’re seeing. While the market remains relatively stable overall, there’s been a noticeable slowdown in sales volume and the number of transactions.

At the same time, rising oil prices have pushed construction costs higher, which continues to impact new builds. Builders are still active, but they’re proceeding more cautiously. On the buyer side, confidence hasn’t kept pace with market optimism. Interest rates have edged up rather than down, and inventory levels are more plentiful during what’s typically a peak season. All of this is creating a more balanced—and somewhat hesitant—market environment.

For buyers, there are plenty of options but competition could seriously increase at any moment. For sellers, it means success will hinge on strategic pricing and strong marketing. New home sales continue to be one of the largest competitive factors for existing home sellers. 

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