Realtors Slash 2026 Forecast Amid Falling Sales

The U.S. existing home sales have reached a nine-month low in March, prompting the Realtors Association to significantly reduce its forecast for 2026. Persistent affordability challenges and broader economic uncertainty are cited as key factors dampening buyer activity in the housing market. Despite a recent dip in mortgage rates, these headwinds continue to pressure sales volumes. This downward revision suggests a cautious outlook for the real estate sector, with potential implications for related financial services and construction industries.