Word on the Street: members share their 2026 predictions for real estate

It’s early in the new year, which prompted the Word on the Street question: What is something you predict for your real estate business in 2026?

According to NAR’s Chief Economist Lawrence Yun in an interview from January 2026, “We are seeing a little better condition for more home sales … with more inventory and the lock-in effect steadily disappearing—because life-changing events are making more people list their property to move on to their next home. Next year should be better with lower mortgage rates … home sales to increase by about 14% nationwide in 2026.”

Here are the SPAAR member replies:

“The industry will see more AI tools emerge in real estate in 2026. It will be interesting to see how these help shape our business!”

“Business will start out strong through the first half of the year, and clients who felt sluggish in the process last year will make their move.”

“Minnesota Housing will provide updated downpayment and closing cost assistance for all borrowers purchasing a home under $350,000.”

“Home prices won’t come down, but mortgage rates will stabilize.”

Thanks to the SPAAR members who took time to share their responses!