How is the housing market weathering war-time economics?
War-time economics have sent gas prices skyrocketing and pushed mortgage rates higher over the last five weeks, from a low of 5.99% to a high of 6.64%.
Housing Market
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So far, 2026 job growth is better than 2025
March payrolls rose 178,000 and unemployment held at 4.3%, supporting a Fed on hold amid elevated inflation and Iran conflict risk.
Join the most powerful room in housing at The Gathering April 27-30
HousingWire’s The Gathering 2026 will run April 27-30 in Austin, bringing real estate, mortgage and homebuilding leaders into “the most powerful room in housing.”
Housing market demand is holding, but pricing gaps are breaking deals
Housing demand is holding as mortgage rates rise. New data points to growing friction between buyers and sellers across markets.
First fully rebuilt Palisades home testing post-fire demand
The listing arrives as rebuilding activity gains traction, with roughly 650 permit approvals to date and nearly 475 burned lots having traded.
Immigration policy, economic uncertainty reshaping housing market
Builders are reporting sales impacts from policy shifts as consumers become increasingly skeptical of traditional “dream home” marketing.
How the ROAD to Housing Act could improve home affordability
The ROAD act targets a 37% affordability gap with supply incentives, ADU support and small dollar mortgage fixes, with limits.
Housing demand holds up despite mortgage rates at yearly highs
Mortgage rates ended the week at 6.64%, purchase apps slowed to 5% YoY, inventory rose to 713,549 and mortgage spreads were about 2%.
Mortgage rates now closer to 7% than 6% as the Iran war escalates
Mortgage rates have risen from sub 6% to 6.62% as the Iran conflict escalates, while purchase apps fell 5% and growth slowed to 5%.
Regional markets back demand resilience as rate pressure builds
Housing demand remains resilient across major metros as mortgage rates rise. Texas, California and Midwest markets sustaining pending sales.