In Q2 2026, buyers stayed active as prices rose in 184 of 230 US metros; the national single-family median reached $434.9K, ↑1.5% yearly.
Regional Q2 2026 prices
Northeast: ↑3.8% to $547.2K
Midwest: ↑3.6% to $340.8K
South: ↑1% to $380K
West: ↓0.8% to $637.9K
Sales rose in three of four regions; the South led on faster job growth, while the Northeast lagged on slower hiring and quicker appreciation.
Median prices ↑1.5% yearly and ↑0.5% quarterly; a typical home's monthly mortgage payment was $2.199K, ↑$219 quarterly but ↓$52 yearly in Q2 2026.
Families spent 23.8% of income on mortgage payments, versus 21.8% in the prior quarter. Starter-home prices fell yearly, even as payments ↑$214 quarterly.

The current Middle East conflict and key shipping chokepoint closure reset the outlook: lower growth, higher inflation, and interest rates reversing the path expected earlier.
The disruption was still seen as temporary, but prolonged conflict could block a pre-conflict recovery by Early-Q1 2027, with trade friction returning later this year.
Higher fuel, materials, and logistics costs made cost management the primary decision driver, while pricier construction pushed starts lower and strengthened repositioning opportunities.
Artificial intelligence was segmenting markets rather than moving them uniformly, as reliable affordable power became an immediate constraint shaping portfolios, growth, and leasing choices.
For investors, close market monitoring and income growth focus were key, while occupiers benefited from scenario planning and resilient, agile operating models.