Market Report & Forecast

U.S. home prices are expected to edge up just 1% over the next year—even as mortgage rates top 7%, sales remain weak and affordability pressures build. The latest Q3 2026 VeroFORECAST℠ reveals a sharply divided housing market, with stronger gains in the Northeast and Midwest and modest declines across several Texas metros. See which markets are positioned to rise and where prices may soften.

The U.S. housing market has slowed, but it continues to hold its ground. The Q2 2026 VeroFORECAST projects a modest 1.1% average home price growth nationwide over the next year as affordability and inventory challenges continue. Affordable Midwest and Northeast markets are expected to outperform, while some Sun Belt markets may see slight declines.

Veros’ Q1 2026 VeroFORECAST points to modest national appreciation of 1.3%, as higher oil prices add fresh pressure on inflation and borrowing costs. The U.S. housing market finally had a reason to feel optimistic heading into 2026. Buyers were slowly re-entering. Then, the war in Iran sent oil prices sharply higher, reigniting concerns about inflation just as it appeared to be cooling.

Veros’ Q4 2025 VeroFORECAST projects an average-nationwide home price appreciation rate of 1.3% over the next 12 months. Looking ahead to 2026, both housing supply and sales are expected to improve slightly from 2025 levels, keeping price gains modest. Affordability may improve slightly, as wage growth is projected to outpace home price appreciation in 2026.

Veros’ Q3 2025 VeroFORECAST predicts a modest 1.8% nationwide home price increase over the next year, highlighting regional disparities with stronger gains in affordable Northeastern and Midwestern metros and declines in several Sunbelt markets, amid persistent affordability challenges, tight inventory, labor market weakness, and slow buyer activity despite recent Federal Reserve rate cuts.

Veros Real Estate Solutions releases the Q2 2025 VeroFORECAST report with projections indicating an average nationwide home price appreciation of 2.2% over the next 12 months, signaling a national slowing ahead. The housing market in 2025 will likely continue to see a divergence between regions.

Veros Real Estate Solutions releases the Q4 2024 VeroFORECAST report with projections indicating an average nationwide home price appreciation of 2.7% over the next 12 months, signaling moderate growth. The housing market in 2025 will likely see a divergence between regions.

Veros Real Estate Solutions releases the Q4 2024 VeroFORECAST report with projections indicating an average nationwide home price appreciation of 2.7% over the next 12 months, signaling moderate growth. The housing market in 2025 will likely see a divergence between regions.

Veros Real Estate Solutions releases the Q3 2024 VeroFORECAST report with projections indicating an average nationwide appreciation of 3.1% over the next 12 months compared to the previous quarter’s forecast of 3.2%.

Veros Real Estate Solutions releases the Q2 2024 VeroFORECAST report with projections indicating an average nationwide appreciation of 3.2% over the next 12 months. This represents a marginal increase from the previous quarter’s forecast of 2.9%.