The housing market in the second half of 2026 is expected to see positive year-over-year growth in pending home sales despite rising mortgage rates, which have not significantly slowed down sales as previously anticipated. This resilience is due to better affordability driven by wage growth outpacing home price increases and narrower mortgage spreads keeping rates below critical thresholds. Developers and tech professionals should monitor weekly pending sales data closely for trends indicating market stability or shifts in buyer behavior.
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Ali NematiWritten by Ali
