Thought Leadership

Q3-2026 Quarterly Economic & Housing Market Update

Inflation, employment, mortgage rates and construction are sending mixed signals. Inflation fell in June, but mortgage rates still climbed. The labor market is not collapsing, but it is losing momentum. The housing market is caught between two opposing forces: weaker buyer purchasing power and homeowners who remain financially strong enough not to sell.

See what the latest economic data mean for the U.S. housing market.

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Q2-2026 Quarterly Economic & Housing Market Update

The housing market isn’t just being held back by affordability anymore—uncertainty is now taking center stage. Slowing hiring, rising costs, and weakening consumer confidence are quietly reshaping buyer behavior and stalling demand. The result is a spring housing market that looks active on the surface but is increasingly cautious underneath. Read the Q2-2026 Quarterly Update

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Divide road, wealthy gap

The Rise of the Two-Tier Housing Market

The U.S. housing market is no longer one market—it’s a bifurcated market, where only well-capitalized buyers can participate. Rising prices, elevated mortgage rates, and the disappearance of entry-level homes are pushing first-time and lower-income buyers to the sidelines. The result is a fragmented market defined by widening gaps in access, affordability, and opportunity.

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Graphic image of the White House with a growth line chart in the background

Can Washington Fix Housing Affordability?

As housing affordability remains strained, policymakers are turning to two high-profile ideas: limiting large institutional investors from buying single-family homes and using government-backed purchases of mortgage-backed securities to lower mortgage rates. This article examines whether these policies can meaningfully improve affordability or whether their impact will be limited without addressing the deeper housing supply shortage.

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image showing rising home prices trend

Why Homes Feel Less Affordable: Prices Running Ahead of Paychecks

U.S. home prices have surged 47% since 2019, while household incomes rose only 22%, leaving millions priced out of homeownership. Even as mortgage rates ease near 6.3%, affordability remains at record lows, with coastal and Sun Belt metros hardest hit and only a few Midwest cities still within reach for median-income buyers.

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The Evolution of Appraisals: Adapting to the New UAD 3.6

In a recent Valuation Review article, Veros and Valligent thought leaders, George Paquette, and Kristin Gruidl, speak on the implementation of UAD 3.6, and its impact on the appraisal profession. Additionally, they discuss the impacts of the Uniform Residential Appraisal Report, which will replace outdated forms with a more data-driven format.

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