Ivy Zelman: Home prices will go down in 2026, before coming up again in 2027

You had 87 slides on the state of the housing market. But the most interesting one to me was where you said that home prices will go down next year before coming up again in 2027. How do you see them.Well, it's really a tale of two geographies regionally. We have geographies that were the co winners and now they're decelerating as we're seeing net migration under pressure even lower in some states than it was in 2019. as well as really elevated resale inventory and the inventory is then being pushed even pr ...