Report shows California is ‘coldest’ real estate market in 2026, Colorado #21 hottest

A new report from Becker & Poliakoff shows California is the “Coldest” real estate market in 2026. That same report marks Colorado as #21 for the hottest. The report is based on factors including growth in home prices, rent, employment, new home purchases, construction permits, rental vacancies, house cost burden, and population relocation.

According to a 2025 recap and outlook for the statewide market from the Colorado Association of REALTORS (CAR), higher inventory levels, longer days on market, and cost-sensitive buyers reshaped negotiations across the state, giving buyers more choice while forcing sellers to recalibrate pricing and expectations. CAR spokesperson and REALTOR Cooper Thayer believes the outlook for 2026 will be similar to what the Centennial State experienced in 2025.

“2025 was two different markets,” Thayer explained. “We had the single-family market, which performed relatively well. We saw moderate levels of appreciation, increased new listings, and increased sales, and then we had the condo and townhouse market, which was a little bit slower.”…

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