
Home prices rose in 78% of U.S. metropolitan areas during the third quarter of 2026, although that was slightly fewer than in the previous quarter.
The national median single-family home price reached $432,900, an increase of 1.7% from a year earlier, with some markets posting double-digit gains.
Housing affordability remains a major obstacle, particularly for first-time buyers, who are spending more than 36% of their income on mortgage payments.
The housing market may be struggling with high mortgage rates and affordability concerns, but home prices are still moving higher in most parts of the country, and thats an often-overlooked headwind for buyers.
A new report from the National Association of Realtors (NAR) shows that home prices increased in 78% of the nation's metropolitan markets during the third quarter of 2026. That's down slightly from 80% in the second quarter, suggesting that price increases are becoming somewhat less widespread.
Author: Mark Huffman
Source: Consumer Affairs
Posted: 2026-11-05 13:39:58














