Real Estate News 05/29/2026

The housing market continues to show resilience this spring as affordability slowly improves and buyers gain more opportunities to enter the market. Lower mortgage rates compared to last year, steady wage growth, and moderating home prices are helping create a more balanced environment for homeownership. Buyers are also exploring new construction homes, where builders are offering attractive incentives and competitive pricing. As inventory gradually improves, both buyers and sellers can look forward to a market filled with growing possibilities and smart opportunities.

In The News:

NAR Realtor – “Home Sales Barely Move as Inventory Constraints Persist“(05-11-2026)

"The spring housing market is opening new doors for buyers. With improving affordability, more inventory, and attractive builder incentives, now may be a great time to explore your homeownership opportunities.”

CNBC – “Mortgage rates jump to highest level since March on hotter inflation reports“ (05-13-2026)

“Even with mortgage rates rising, the real estate market continues to show encouraging signs as buyer activity and home showings increase across the country.”

CNBC – “Mortgage rates surge to highest level since July”(05-19-2026)

“Homebuilders and industry experts remain optimistic as housing demand stays steady across many areas.”

Realtor – “Mortgage Rates Just Jumped, but 2 Emerging Housing Trends Are Great News for Buyers”(05-22-2026)

“Even with mortgage rates moving higher, the housing market is beginning to show encouraging signs for buyers this spring.”

Realtor – “Listing Prices Are Falling, but Resurgent Mortgage Rates Have Buyers Spooked ”(05-22-2026)

"Homebuyers are continuing to see positive changes in the market as listing prices soften and more inventory becomes available across the country..”