Rocket Companies Inc., through its Redfin real estate brokerage, has published an analysis of the 2026 U.S. housing market, highlighting continued sluggishness as the year begins. The report notes that homes are selling at their slowest pace in six years, with the typical property spending 64 days on the market—about a week longer than last year. Pending home sales declined by 3.3% year over year, reflecting cautious buyer sentiment. However, the market is showing early signs of a potential shift, with more sellers entering the market and increased new listings. Redfin agents anticipate that falling costs could attract more buyers in time for the spring selling season, potentially leading to a more balanced market as 2026 progresses. Leading indicators, such as mortgage-purchase applications and Redfin's Homebuyer Demand Index, remain down compared to previous months, but Google searches for "homes for sale" have reached their highest level since August. The median U.S. home sale price stands at $379,950, up 1.2% from the previous year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260205251855) on February 05, 2026, and is solely responsible for the information contained therein.