A lot of buyers are still waiting for mortgage rates or home prices to fall significantly before making a move.
But current forecasts suggest the remainder of 2026 may look more like a continuation of what we’ve already been seeing rather than a dramatic change.
According to the forecasts highlighted by Keeping Current Matters, mortgage rates averaged around 6.67% in August, with forecasts of approximately 6.62% for Q3 and 6.63% for Q4.
Home prices were also shown running approximately 2.2% higher year over year, with forecasts calling for roughly 2% appreciation for 2026.
In other words, buyers waiting for rates and prices to suddenly drop may not see the dramatic change they’re hoping for.
Instead of trying to perfectly time the market, it may be more useful to focus on what you can control: your budget, financing options, negotiating strategy, and finding the right property.
Real estate decisions should always be based on your individual financial situation and long-term goals.
Wondering whether it makes sense to buy now or keep waiting? Let’s look at the numbers together.
