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Buyers, SellersPublished August 18, 2026
Home Prices Are Rising in 80% of Markets
National real estate headlines are flashing a familiar message: home prices are climbing again. According to recent market data, 80% of housing markets across the country are seeing price appreciation—a noticeable jump from 71% just last quarter. For anyone who has been sitting on the sidelines waiting for a broad housing market crash, these numbers provide a clear reality check.
However, national data only tells part of the story. Real estate is hyper-local. While inventory nationwide remains tight enough to hold prices steady in many regions, localized conditions vary dramatically. In the Pacific Northwest, buyers are navigating a unique balance of interest rate fluctuations, steady local demand, and changing inventory levels. Knowing how to separate national trends from regional market behavior is the key to making a confident home-buying move.
If your strategy has been to wait for prices to drop significantly before entering the market, that window may be closing faster than expected. Rather than trying to time the absolute bottom of the market, focus on finding a home that fits your monthly budget and long-term financial goals. Partnering with a trusted local real estate expert allows you to look past sweeping headlines and review the exact home price trends happening in your target neighborhoods.
John Hurlbut
Realtor, CRS, GRI, ABR | Altitude Homes Team | Keller Williams Realty
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