Home sales are expected to improve modestly in the second half of 2026 if inventory and supply grow. Existing-home sales and median prices are forecasted to rise 4%, with mortgage rates averaging 6.5%. Homeowners may gain about $16,000 in wealth this year. The economy is projected to avoid recession, with unemployment under 5% and 400,000 job gains. The national median home price could reach $1 million in about 25 years. Despite market challenges, various buyer segments remain active, and common myths like needing a 20% down payment persist.
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