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April 7, 2026

Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates

  • Further rate increases threaten to put a damper on home sales during what's traditionally the busiest time of the year for the housing market.
  • By ALEX VEIGA
    AP Business Writer

    AP Photo/Charlie Riedel [enlarge]
    Gail Sanders (left) and her husband David put their four-bedroom, three-bath home in Olathe, Kansas, on the market in late February. But even after lowering their asking price, the couple had yet to receive any offers as March drew to a close.

    LOS ANGELES — The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring.


     
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