04/18/2026
Prices for existing homes will likely fall in many cities this year, as individual sellers respond to price pressure from homebuilders cutting prices, according to a top economist specializing in residential construction.
Speaking at the International Builders Show in Orlando, FL, on Tuesday, National Association of Home Builders Chief Economist Robert Dietz said he expects home prices to falter in much of the country as the resale market adjusts to price competition from new builds.
"We expect in most markets this year, resale prices to go down to improve affordability conditions, because existing homeowners now have to do the price discovery that builders have been doing since 2022, and they haven't done it yet," Dietz said: https://rltor.cm/a3629d