The spring 2026 housing rush: Why geopolitical tensions and rising rates can’t stop the momentum

The US housing market is experiencing a surge in activity this spring, despite rising mortgage rates and geopolitical tensions. Home prices are cooling off, and buyers have more negotiating power as homes sit on the market longer and sellers become more willing to lower prices.
The US housing market is seeing increased activity this spring. Mortgage rates have risen due to inflation and the war with Iran, affecting affordability. Homes are taking longer to sell, and sellers are lowering prices. The supply of homes for sale is rising, but not as quickly as expected. Some cities like Las Vegas and Seattle have seen a significant increase in active listings, while others like San Francisco and Miami have seen a decrease. Home prices have cooled off, with a 0.7% annual growth in January, down from 3.5% last year.
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