Experts see stable housing market in 2026, no crash

Experts do not expect the US housing market to crash in 2026, but predict a correction with slowing price growth and sales.

Hoby Hanna, CEO of Howard Hanna Real Estate Services, cites high homeowner equity, stricter bank lending rules, and limited housing supply as reasons the market differs from the 2008 crisis.

The labor market remains steady: June 2026 ADP report showed private employers added 98,000 jobs, and pay rose 4.4% year-over-year.

US home prices rose 0.8% year-over-year in May 2026, according to real estate data company Cotality.

Thom Malone, principal economist at Cotality, says slow price growth is due to incomes not keeping up, but the economy hasn't collapsed.