What are the top declining housing markets?

As of early 2026, housing markets experiencing the most significant declines are primarily located in the U.S. Sun Belt—specifically areas in Florida (Tampa, Miami, Jacksonville) and Texas (Austin)—due to oversupply and a cooldown in pandemic-era demand, alongside international declines in the UK (Crawley, High Wycombe).

Where are housing prices declining the most?

MORTGAGE RATES FALL TO LOWEST LEVEL SINCE 2022

The metros that saw the biggest declines were mainly in the South and on the West Coast. For instance, the top declines were Dallas and San Jose, California, which saw median home-sale prices dip 4.4% and 3.7% year over year, respectively.

What is the most over inflated housing market?

Overvalued Homes for Sale

• Kahului-Wailuku-Lahaina, Hawaii – 115.4%
• San Francisco-Oakland-Hayward – 68.3%
• Riverside-San Bernardino-Ontario, California – 67.8%
• San Diego-Carlsbad – 66.3%
• Los Angeles-Long Beach-Anaheim – 66.0%

Should I buy a house now or wait until 2025 in the UK?

Predictions for the rest of 2025

Also, house prices are expected to increase between 2% and 4% in 2025, so waiting longer could mean prices rebound in the Autumn and Winter after the Summer drop. With more mortgage options available than before, buying a property now makes sense before prices rise once again.

What is the 2% rule in property?

The 2% rule in real estate investing is a quick guideline where a rental property is considered potentially profitable if its monthly rent is at least 2% of the total purchase price (including initial repairs/costs). For example, a $200,000 property should aim for $4,000 in monthly rent ($200,000 x 0.02). It's a useful first-pass filter to screen properties for strong gross cash flow, but it doesn't account for all expenses and market specifics, so a detailed financial analysis is still needed. 

Top 10 Declining Housing Markets in US

Where are the hottest housing markets right now?

Home values are expected to continue rising and homes are predicted to keep selling at a brisk pace in 2026 in the following hottest markets:

• Hartford, CT. Key numbers: ...
• Buffalo, NY. Key numbers: ...
• New York, NY. Key numbers: ...
• Providence, RI. Key numbers: ...
• San Jose, CA. Key numbers: ...
• Philadelphia, PA. ...
• Boston, MA. ...
• Los Angeles, CA.

Is it a bad idea to buy a house right now in the UK?

At a glance. Yes, it's a good time to buy a house if you can afford it and you buy a home you plan to live in for several years. Cheaper mortgages: Lenders have slashed mortgage rates, with rates on fixed deals the lowest since 2022.

Are house prices crashing in the UK?

The average property price slumped by 0.4% to £271,068 compared with November, according to Nationwide, confounding City forecasts of a 0.1% rise. The UK's biggest building society also said that the rate of annual house price growth slowed to 0.6% in December, the weakest year-on-year reading since April 2024.

Will 2026 be a good year to buy a house in the UK?

Steady House Price Growth Encourages Strategic Buying

After a period of sharp increases, house prices have been rising at a slower, more manageable pace. According to Rightmove's 2026 house price forecast, the average house price is expected to rise modestly by around 3%.

Where is the biggest housing shortage?

Riverside, CA; Oxnard, CA; and Yakima, WA are the three U.S. cities with the largest housing underproduction, as of 2022. Major metro areas, including Los Angeles, Washington D.C., and Miami, are currently experiencing housing shortages for a variety of reasons.

Will mortgage rates drop in 2026?

Mortgage rates are forecast to decline in 2026, improving housing affordability, but challenges persist for prospective buyers.

Will house prices double in 10 years?

According to Savills' figures, house price growth is expected to remain constrained until 2027, at one per cent this year and two per cent the next. Values will grow in real terms from 2028 onwards, for the first time since 2022. In London, no growth is projected until 2027, and then only at two per cent.

Which areas are predicted to grow fastest?

Fastest-Growing Places in the U.S. in 2025-2026

• Wildwood, FL.
• Hilton Head Island, SC.
• Leander, TX.
• Palm Desert, CA.
• Naples, FL.
• Casa Grande, AZ.
• Zephyrhills, FL.

What salary do you need to buy a 300k house in the UK?

What you can borrow is based on your salary. Most lenders will lend 4 to 4.5 times your combined annual household income. Your annual earnings will need to be between £66,000 and £75,000 to borrow £300k. This is above the average UK annual salary, currently £39,039 (January 2026).

What are some red flags when selling?

Disorganized or Incomplete Financials

These signal a lack of sophistication and create uncertainty, which buyers translate into either a discounted purchase price or a hard pass. Solution: Engage a qualified CPA to clean up your financials and prepare quality of earnings materials, even informally.