For those looking at new homes, builders are aggressively using rate buy-downs and closing cost credits to move inventory.

Experts project modest national price growth of 0% to 3% for 2026. Some regions, like the Northeast and Midwest , show stronger momentum, while the West Coast and Sun Belt are seeing softer prices due to higher inventory.

Supply remains structurally tight, particularly for existing homes, due to the "lock-in effect" of owners holding older, lower interest rates. However, new construction inventory has grown, with builders often offering incentives like mortgage rate buy-downs. Reasons to Buy Now

The 2026 market is more rational and balanced, giving buyers more time to make decisions and room to negotiate compared to the frenetic bidding wars of previous years.