Insight
Existing home sales are forecasted to increase slightly, from 4.1 million to 4.2 million next year. This is still a low number historically.
According to a Redfin report, the housing market is entering a "reset" phase in 2026, with affordability slowly improving due to stagnant home prices and rising wages. While mortgage rates are expected to stay relatively stable, sales volume is only expected to increase slightly. Hosts should keep an eye on these market trends as they impact potential occupancy and revenue.
Existing home sales are forecasted to increase slightly, from 4.1 million to 4.2 million next year. This is still a low number historically.