Is 2028 the Year the Market Becomes Truly Balanced?

Mortgage rates may finally fall into the 5.5%–6% range, significantly improving affordability.
Home sales are projected to rise to nearly 5M as buyer confidence strengthens.
Price growth should remain stable between 3%–5%, reflecting a more balanced environment.
Inventory could reach 4.5–5 months’ supply, marking the healthiest market conditions in years.
This year will likely feel the most normal, with steadier pricing and less competitive bidding.