2026 Economic Review
Housing Market Update and Outlook | 1 |
Year-to-date home sales flat despite lower rates | 2 |
New pending sales suggest a slow start to the spring market | 3 |
Price growth has slowed considerably | 4 |
New construction prices up in Sussex, lower in MD counties | 5 |
Homes are taking longer to sell | 6 |
Inventory is still tight relative to historic levels | 7 |
Inventory has risen slowly in CAR, sharp uptick in Sussex | 8 |
New listings are at near-historic lows to start 2026 | 9 |
New construction activity very limited in CAR | 10 |
Outlook | 11 |
What are some key factors that will drive the 2026 market? | 12 |
Slide Number 13 | 13 |
Slide Number 14 | 14 |
Inflation could move higher this spring | 15 |
Economic conditions appear to be weakening | 16 |
Affordability is driven by both prices and rates | 17 |
Fall through rates are slightly elevated in the CAR market | 18 |
Homes selling below asking price | 19 |
Sellers have been more likely to cut asking prices | 20 |
Slide Number 21 | 21 |
Coastal Association Housing Market Expectations for 2026 | 22 |
Expectations for the 2026 Housing Market | 23 |
Market Data and Analysis from Bright Research and insights specifically designed to help brokers and agents be a resource to their clients, colleagues and communities: www.brightmls.com/research | 24 |
Need more information? Contact us! research@brightmls.com | 25 |
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