Real REMAX Group’s Monthly Agent Survey: Higher Mortgage Rates Weigh on Housing Demand and 2027 Outlook
Business Wire•30/10/2026•08:00 ET
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Key Highlights
- ➤66% of agents report buyers pausing or delaying home searches
- ➤65% say 30-year mortgage rates must fall below 6% to stimulate demand
- ➤Nearly 60% anticipate lower home prices in 2027 if rates remain above 7%
- ➤Agent Optimism Index fell to 45.8 in September from 54.3 in August
- ➤Transaction Growth Index fell to 40.3 in September from 44.6 in August
Expert Statements
Tamir Poleg, Chairman and CEO of Real REMAX Group
“Higher mortgage rates are putting renewed pressure on an already challenging housing market. Buyers have more negotiating leverage today, but affordability remains a significant obstacle, causing many to delay their home searches. Agents are also seeing sellers reconsider their plans or become more flexible on pricing. Looking ahead, the survey suggests that a sustained recovery in housing activity will depend heavily on meaningful relief in mortgage rates.”
Real REMAX Group’s Monthly Agent Survey: Higher Mortgage Rates Weigh on Housing Demand and 2027 Outlook
Two-thirds of agents report buyers delaying home searches, while 65% say mortgage rates must fall below 6% to meaningfully stimulate demand
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