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Housing market collapse already occurred; 2027 sales may drop below 4 million for first time since 1995.

Market News
14 Oct 2026
GlobeNewsWire
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Neutral
Housing market collapse already occurred; 2027 sales may drop below 4 million for first time since 1995.

AGNT CEO Leo Pareja stated at eXpcon 2026 that the housing market collapse happened three years ago, marked by a drop in transaction counts since 2023. Despite population growth, annual existing-home sales have stagnated near 4 million, with 2027 sales possibly falling below that level for the first time since 1995 due to mortgage rates and economic conditions. Pareja emphasized that life events will continue to drive home sales and dismissed fears of a broad price crash, noting modest price changes and cooling inventory growth. He urged agents to focus on local opportunities and help clients navigate important financial decisions amid ongoing market normalization.

AGNT CEO Leo Pareja's comments on the housing market collapse are presented here with Pluang's real estate sector market data as of Oct 14, 2026 21:41 WIB. For readers following real estate stocks, 3 out of 47 priced US real estate stocks on Pluang rose while 43 fell. Notable movers include ARE at USD 42.63 with a -2.72% change, DLR at USD 173.61 with a -2.54% change and 100% buy order activity, and EQIX at USD 995.51 with a -2.34% change. The most notable figure is the breadth showing 43 stocks declined today.

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