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2026 Housing Market Shift: Rising Sales, Falling Prices

12/15/2025

24 4 Full Breakdown

Summary

Story summary

In 2026, the housing market is expected to shift as Compass Chief Economist Mike Simonsen says home sales are rising because prices favor buyers.
Simonsen notes incomes are rising faster than prices, improving affordability.
A Zillow report shows home values recently fell, but homeowners still gain 67% since their last sale.
Discounts are becoming common as cumulative price cuts reach $25,000 and improve buyer access.

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Story summary

In 2026, the housing market is expected to shift as Compass Chief Economist Mike Simonsen says home sales are rising because prices favor buyers.
Simonsen notes incomes are rising faster than prices, improving affordability.
A Zillow report shows home values recently fell, but homeowners still gain 67% since their last sale.
Discounts are becoming common as cumulative price cuts reach $25,000 and improve buyer access.