Cotality releases May 2026 home price insights
Cotality released its May 2026 U.S. home price insights report on May 5, 2026. Despite year-over-year price growth continuing to slow, the report noted that, looking ahead to March 2027, data suggests a broader market rebound. As recent trends have shown, if mortgage rates ease, pent-up demand will likely break loose, sparking positive activity in the housing market.
Home values increased for the second straight month, with a slight 0.3% uptick from February to March. Cotality Chief Economist Selma Hepp said in her report that the national housing market is currently caught in a crosscurrent of pent-up demand and affordability challenges.
“The housing market is currently stuck in a holding pattern,” said Hepp. “Although housing inventories have been on the rise in many markets, broad discounting is still rare, keeping prices high. In fact, asking prices of newly listed homes continue to trend more than 2% above closing prices, suggesting that very few sellers are budging on their expectations.”
