Home Price Growth Picks Up in Q2

Aug 5, 2026

Existing home prices rose in 80% of the roughly 235 metro markets tracked in the second quarter of 2026, according to the National Association of Realtors, up from 71% in the first quarter.

The national median single-family existing home price was up 1.5% year-over-year at $434,900, up from the 0.5% gain in the first quarter.

Regionally, median single-family home prices were up 3.8% year-over-year to $547,200 in the Northeast, up 3.6% to $340,800 in the Midwest, up 1.0% to $380,000 in the South and down 0.8% to $637,900 in the West.

Read the full report here.

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In the hardwood flooring industry, most business owners think in terms of tools, inventory and craftsmanship (which makes sense). But in today’s market, even the best-installed floor can be overlooked if the company behind it lacks a recognizable identity.

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Wildfires Push Lumber Futures to 12-Month High

Benchmark U.S. lumber futures climbed to a one-year high in late July as wildfires across Western Canada threatened supply, with the Chicago contract settling at $650.06 per thousand board feet on July 27, up 5.3% over the month, according to exchange pricing tracked by Trading Economics and reported by Wood Central.

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APEC Forestry Ministers Vow To Crack Down on Illegal Logging

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U.S. home prices rose 1.1% year-over-year in May but inflation ran roughly three percentage points ahead at 4.2%, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index, marking the 12th consecutive month that home values fell in real terms.

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