The rise in mortgage rates seen since the war in Iran began prompted NAR to revise its 2026 forecast, with only a 4% uptick in existing home sales now expected.
Spring market ‘fragile’ as existing home sales hit 9-month low
The rise in mortgage rates seen since the war in Iran began prompted NAR to revise its 2026 forecast, with only a 4% uptick in existing home sales now expected.