Why US Home Prices Are Stalling Despite Low Supply

In this episode of US Economy with Fexingo, Lucas and Luna explore the puzzling stall in US home prices in mid-2026. Despite inventory remaining near historic lows, the S&P CoreLogic Case-Shiller National Index has posted three consecutive months of flat to declining prices. The hosts dissect the dual pressures: mortgage rates hovering above 7 percent, which have priced out a record share of first-time buyers, and a wave of institutional investors pulling back from single-family rental acquisitions. Meanwhile, new home construction has ticked up slightly, but builders are focusing on the luxury segment, leaving a gap in starter homes. Lucas points to a specific data point from the National Association of Realtors: in April 2026, existing home sales fell to 3.82 million annualized units, down 19 percent from the same month in 2025. Luna challenges whether this is a temporary standoff or the beginning of a structural correction. The episode also ties in the latest consumer sentiment data from the New York Fed, which shows household worries over finances at a four-year high, further suppressing demand. Tune in for a clear, data-driven look at why the American dream of homeownership feels increasingly out of reach. #USEconomy #HomePrices #HousingMarket #MortgageRates #CaseShiller #ExistingHomeSales #FirstTimeBuyers #InstitutionalInvestors #NewHomeConstruction #LuxuryHousing #StarterHomes #ConsumerSentiment #NewYorkFed #NationalAssociationOfRealtors #Economics #FexingoBusiness #BusinessPodcast #HousingAffordability Keep every episode free: buymeacoffee.com/fexingo