Real Estate News 06/29/2026

The housing market gained momentum in May as existing-home sales increased 3.2%, with growth reported across most U.S. regions. According to the National Association of REALTORS®, improving affordability, lower mortgage rates than a year ago, and rising incomes are helping more Americans achieve homeownership. Home prices also reached a new record high for May, reflecting continued homeowner equity and healthy market fundamentals despite ongoing inventory constraints. These trends point to a resilient market with encouraging opportunities for both buyers and real estate investors.

In The News:

NAR – “Existing-Home Sales Increase 3.2% in May 2026“ (06-10-2026)

“Existing-home sales climbed 3.2% in May, reaching their highest level since December as improving affordability continued to encourage buyer activity. Lower mortgage rates compared to a year ago and steady income growth are helping support a stronger housing market across much of the country.”

Realtor – “Weekly Housing Trends: U.S. Market Update (Week Ending June 6, 2026)“ (06-11-2026)

“The latest housing data points to a balanced market, with buyer demand remaining steady while new listings and available inventory continue to grow. As sellers adjust pricing expectations, today's market is creating opportunities for buyers and investors to make informed decisions.”

Housing Wire – “Keys to the Housing Market for the Rest of 2026”(06-20-2026)

“The housing market has remained more resilient than many expected in 2026, even with mortgage rates hovering near yearly highs. Improving affordability and steady buyer demand continue to support the market as industry experts monitor key trends for the second half of the year.”

Investopedia – “What Homebuyers Should Expect From the Housing Market in the Second Half of the Year” (06-26-2026)

“While affordability remains a challenge, housing experts expect the second half of 2026 to offer opportunities for well-prepared buyers as home price growth continues to moderate. Regional inventory gains and a more balanced market may give buyers greater flexibility and negotiating power.”

San Francisco Chronicle – “Investors Appear to Be Buying Up a Record Share of S.F. Homes. The Truth Is More Complicated” (06-07-2026)

“purchased through LLCs, corporations, and trusts. While these transactions have reached record levels, experts suggest the trend reflects evolving ownership strategies rather than a surge in institutional investor activity.”