How Far Will U.S. Home Prices Fall?

The CNBC Housing Market Survey asks over 100 real estate agents about local market conditions and buy/seller sentiment. In the final quarter of 2025, real estate professionals saw prices remaining flat or falling in many parts of the country. Most homes sold by respondents stayed on the market for over 3 weeks – a signal for buyers who’ve delayed purchases as prices hover near record levels. As a result, a growing cohort of agents are reducing their asking prices for listings – or pulling them off the market entirely.

Produced by: Lisa Rizzolo
Reported by: Diana Olick
Editing and Graphics by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images, Heather Dell

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Will U.S. Home Buyers Have The Upper Hand In 2026?