Buyers finally catch a break as the US housing market is expected to cool in 2026. Here’s where prices may fall

After years of bidding wars and sticker shock, U.S. home prices are starting to slip, bringing welcome relief to prospective buyers. Average U.S. home prices fell 1.4% over the past three months, based on November data from Parcl Labs (1). At the same time, mortgage rates dipped below 6%, hitting their lowest level since early 2023, according to Mortgage News Daily (2). Must Read While homes aren’t suddenly cheaper across the board, here are some areas homebuyers can keep their eyes on if they’re looki ...