Next year could mark a turning point for the U.S. housing market, CNN says, with many economists showing optimism.

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The housing market has spent the last several years in a deep freeze, with high borrowing costs and soaring prices stalling sales and new listings. But US homebuyers may get some relief in 2026.

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The Office of Personnel Management's retirement inventory is now closing in on 50,000 applications that are still awaiting finalization.

Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.