Utah Housing 2026: Buying Power Rising | Salt Lake Metro Spring Market Forecast
Utah Housing 2026: Buying Power Rising | Salt Lake Metro Spring Market Forecast Utah Housing 2026: Buying Power Is Rising. What It Means for Salt Lake Metro This Spring. Housing affordability has improved for nine consecutive months year over year , and momentum is building as we head into the Spring 2026 real estate market. According to First American Data & Analytics, consumer house-buying power increased 9.8% year over year in late 2025, translating into roughly $36,600 more purchasing capacity compared to the prior year. Separately, Zillow estimates that a median-income U.S. household can now afford a $331,483 home with 20% down — more than $30,000 in additional buying power compared to a year ago. Affordability remains below pre-pandemic norms. But the direction has changed. And direction matters. Spring 2026 Utah Real Estate: More Wiggle Room for Buyers Three forces are aligning in Utah and nationally: Mortgage rates are trending lower. Thirty-year ...