The past 12 months in real estate have been a bumpy ride. Years of high rates and low sales caught up with more people, new battles erupted over various industry rules, and technology — particularly artificial intelligence — continued evolving in eye-popping ways.
But with the year wrapping up, Inman wanted to know what might lie ahead. Will the market recover? Will AI take over? Will 2026 be a good year, or a bad one?
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No one has a crystal ball, of course, but to make sense of the months ahead, Inman in recent days asked a sample of real estate industry leaders for their 2026 predictions. The question was open-ended, meaning respondents could focus on any topic they wanted.
The predictions ultimately ranged from a market recovery to the rise of better technology and beyond. But one thing was clear: No one expects 2026 to be quiet.
What follows is a sampling of leaders’ responses to Inman, lightly edited for style and clarity.
The market may shift, but still faces challenges
Leaders were divided on how good or bad the market might be in 2026 — though at least some believe a recovery could gain momentum.
Kuba Jewgieniew, CEO, Realty One Group
Twenty twenty-six marks the real estate comeback. Lower interest rates reignite demand, bringing back multiple offers — especially in affordable markets, with 20 percent-plus transaction growth — and luxury following at similar levels. Capital rotates out of volatile stock market and into tangible assets. Housing is back in favor.
Wealth creation over the next two to three years will be meaningful for those positioned early. Real estate headlines return. New agents flood in. The winners won’t be the loudest — they’ll be the best-coached, most disciplined and most human. Markets reward clarity, consistency and culture. Noise fades. Execution wins.
Kevelyn Guzman, Regional Vice President, Coldwell Banker Warburg
Pricing is likely to stay flat in 2026. Even if interest rates come down, that doesn’t automatically push prices higher. What it does bring is more people back into the market. More participation leads to more transactions, not inflated pricing. Homes priced correctly will sell; those priced incorrectly will wait. The story of 2026 isn’t about price growth; it’s about increased activity.
Leo Pareja, CEO, eXp Realty
We are currently in year three of a five-year reset. The dual shock of the 2020 price surge and the 2022 rate hike crushed affordability, and the market is still recalibrating.
For 2026, I am pessimistically pragmatic: We will see a neutral market with four to five months of supply, where neither buyers nor sellers hold the upper hand. While sales will nudge up slightly from the bottom, a meaningful recovery is likely still a year away. This year demands disciplined execution; success belongs to agents who can counsel clients through a slowing economy.
Rules and practices will continue evolving
Some of the biggest stories of 2025 had to do with industry rules — things like Clear Cooperation or MLS access. Others had to do with structural topics — so things like big mergers or portal policies — that determine who sets real estate’s normative behaviors.
Leaders who focused on these types of topics in their predictions envisioned many of these stories carrying into the new year, potentially meaning more change on the horizon for those in real estate’s trenches.
Russ Cofano, co-founder and principal, Alloy Advisors
In 2026, Google is likely to continue its expansion of listing information in search, prompting Zillow to buy a major mortgage servicer to strengthen its post-closing relationships and compete head-to-head with Rocket. The Compass/Anywhere merger should close, and the dispute over displaying “private exclusives” on Zillow will likely be resolved in a way that allows display.
Finally, NAR’s recent MLS policy changes and antitrust concerns will lead many local associations and MLSs to drop the Realtor membership requirement for MLS access, resulting in more firms and agents leaving NAR.
Daniel Jones, CEO, Hive MLS
The 2026 advantage will belong to those who own the roads, write the traffic laws and collect the tolls. It’s not about being the loudest or biggest anymore. MLSs will have to prize their data and pride themselves on the quality of their data.
They will have to focus on subscriber (member) loyalty, data quality and access control. All the rationales of “why” we need this kind of deliberate focus will be evident in 2026 for those who are paying close attention.
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