Summary
The U.S. housing market is showing signs of improvement for 2026. Recent data suggests lower interest rates and a delay in tariffs could boost home sales and remodeling. Experts predict a slight growth in home building and a more stable market.
Key Facts
- The U.S. GDP grew by 4.3% in the third quarter of the year.
- The housing sector made up 16.1% of the GDP, with home building at 3.8%.
- Average home values in the U.S. are $359,241, up by 0.1% over the year.
- Interest rates fell slightly, with 10-year Treasury at about 4.2% and 30-year mortgage at 6.15%.
- Tariffs on some furniture and cabinets are delayed until 2027, aiding future home sales.
- The National Association of Home Builders forecasts growth in single-family homes and remodeling in 2026.
- Builders are optimistic, with renewed construction permits and financial incentives.
- The market is stabilizing with more inventory and price adjustments predicted for 2026.
