May 28, 2026, EDITION

Housing inventory continued rising through late spring, giving buyers more choices than they had this time last year. Sellers are gradually reentering the market, helping keep supply and demand relatively balanced as summer approaches.

Asking prices have continued to soften in many areas, while homes are still selling at a pace close to last year’s levels. That combination is helping create more buyer-friendly conditions without slowing overall market activity.

Affordability conditions are showing modest improvement. Growing inventory, expanded financing support, and an increasing number of down payment assistance programs are helping create more pathways to homeownership for many buyers.

The housing market continues to show resilience despite broader economic uncertainty. Buyer activity has remained steady, businesses continue investing, and inventory improvements are helping support housing momentum heading into summer.

Builder confidence has improved modestly in recent weeks. While affordability and borrowing costs remain important factors, steady demand and improving supply trends are helping support a healthier overall market environment.

Mortgage and financial markets have remained somewhat volatile, but housing activity continues moving forward. Stable consumer spending and stronger inventory conditions are helping many buyers and sellers stay engaged during the busy season.

DID YOU KNOW?…There are now more than 2,600 down payment assistance programs available nationwide, creating additional affordability opportunities for first-time and entry-level buyers.

Freddie Mac’s latest Primary Mortgage Market Survey shows mortgage rates remaining within a fairly steady range. While rates continue to move up and down from week to week, recent stability is helping many buyers stay active and continue exploring their options as the market moves into summer. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for the most up-to-the-minute information.

If you’re planning to buy this summer, don’t overlook programs that may help with upfront costs. Down payment assistance options and local buyer programs continue expanding in many areas and could help make homeownership more accessible than you think.

As buyers gain more options, preparation and pricing remain especially important. Homes that are well-maintained, thoughtfully priced, and ready to show tend to attract the strongest attention. Taking time to prepare your home properly can help create a smoother and more successful sale.