The National Association of Realtors (NAR) recently updated their view on real estate sales in 2026. The graphic below has some interesting insights.
Last year at this time, I had expected 2025 to be materially better than 2024 for existing home sales. Of course, that didn’t happen. NAR is painting a pretty rosy picture for positive change next year, but it could be as wrong as I was last year. That said, the local market in Q4 2025 definitely feels like it is headed in a positive direction. Assuming we build on this initial momentum, NAR’s forecast could be on point.