Housing Market Resets: West Up, South Down, New Homes Resilient

The U.S. housing market is stabilizing as buyers adjust to higher mortgage rates, with Kade Thomas pointing to affordability pressures and tighter supply keeping activity muted. While regional trends are rebalancing and new home sales show resilience, Thomas says the long-term outlook remains bullish as the market resets from prior excesses.

Market On Close

20 Feb 2026

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