Report: Majority of Metro Areas Saw Home Prices Increase in Q2

Over 80% of metro markets saw home-price increases in Q2 2026, with 5% recording double-digit gains. National median home prices rose 1.5% year-over-year to $434,900. The South led sales growth due to job gains, while the Northeast lagged. Mortgage rates hovered in the mid-6% range, slightly raising monthly payments but improving affordability as incomes rose faster than prices. Inventory and affordability challenges persist for first-time buyers.

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