Insight
Housing data tends to improve when mortgage rates fall below 6.64% and head toward 6%, potentially boosting existing home sales. If rates can stay below 6.25%, an additional 237,000 existing home sales could occur in 2026.
This article forecasts a more balanced housing market in 2026, with potential impacts on home prices and mortgage rates that hosts should monitor. Hosts should pay attention to how changes in mortgage rates, especially those above or below 6.64%, could affect existing home sales and, indirectly, STR demand.
Housing data tends to improve when mortgage rates fall below 6.64% and head toward 6%, potentially boosting existing home sales. If rates can stay below 6.25%, an additional 237,000 existing home sales could occur in 2026.