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Iran war upends spring housing market. Here's what real estate agents are seeing

Apr 07, 2026 09:39 UTC
^MORTGAGE, ^FTHOMPRICE
Short term

Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC's Housing Market Survey found..

  • Home buyers are more concerned about the economy and mortgage rates than home prices.
  • The survey highlights current market sentiment but does not indicate a major shift in the housing market.

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies.Sign upto receive future editions, straight to your inbox. The all-important spring housing market is well underway, but expectations are falling short due to the war in Iran and its impact on both the U.S. economy and consumer sentiment. Mortgage rates, which were previously forecast to be

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